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2025-03-31 02:42:27 UTC

Joshua Byrd on Nostr: Fixing the housing crisis would be the simplest thing ever to any government that ...

Fixing the housing crisis would be the simplest thing ever to any government that actually wanted to do it.

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The root of the housing crisis is that dwelling approvals have been declining for 10 years and immigration has been rising for 20 years, with the result that too many people are now chasing not enough houses.

It's obvious what is needed to fix housing affordability. It will require a campaign to recruit 80,000 tradies from overseas, lower taxes on residential development to improve developers' margins, and most of all — 100,000 government-funded public housing units a year.

But, as with productivity, it's "too hard".

https://www.abc.net.au/news/2025-03-31/federal-election-housing-productivity-bandaid-solutions-budget/105098402