Crises create opportunities for policy change, yet the extent to which they encourage redistribution is under-researched. We adopt a narrative approach to study how crisis frames are mobilised to support or oppose redistribution, and whether that redistribution is progressive or regressive. A typology of crisis narratives with different redistributive implications is presented: retrenchment narratives promote deregulation and cuts to welfare; Robin Hood narratives advocate progressive redistribution with expanded rights; and restoration narratives favour bringing back the status quo ex ante. We apply the Narrative Policy Framework to examine how Australian parliamentarians used the language of ‘housing crisis’ during and after COVID-19. Despite existing research suggesting crisis narratives mostly support retrenchment, Australia’s pandemic housing debates were dominated by Robin Hood and restoration narratives. We show that party ideology matters for the redistributive content of crisis narratives, but the effect of ideology is mediated by incumbency status. We conclude that shifts in the parliamentary balance of power lead to changes in political parties’ rhetorical support for redistribution.