Australian housing supply falls further behind target
Australian housing supply falls further behind target
Australia’s housing supply growth in 2024 fell short of government targets, with early performance significantly lagging required rates. Structural constraints, including high costs and labor shortages, suggest continued scarcity. Consequently, reducing migration is proposed as the primary solution to align housing supply with demand. This highlights the critical role of open data in tracking real-time stock changes, enabling accurate policy evaluation and ensuring transparency in addressing national housing crises.
Source: macrobusiness.com.auPublished on 2025-03-15
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