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Housing industry lobbyists are again warning that Australia faces a chronic lack of housing supply once ‘Big Australia’ immigration is rebooted, necessitating more liberal planning laws and faster land release:
Blake Schulze, national residential director at Colliers, said there was a significant undersupply of new residential dwellings throughout NSW.
“This undersupply has led to increasing prices and affordability issues,” Mr Schulze said…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.