The Australian Housing and Urban Research Institute (AHURI) has released a new report arguing that Australia is suffering from a critical shortage of 433,000 social housing dwellings that will continue to worsen unless dramatic policy action is taken:
Over the next 20 years, it has been estimated that 727,300 additional social dwellings will be required, with current price procurement costs varying from $146,000 to $614,000, depending on local land values, building types and construction costs in different regions…