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Labor wants to build 1 million new houses. Is that really possible? With Dr Andrew Wilson

Labor wants to build 1 million new houses. Is that really possible? With Dr Andrew Wilson

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast · Michael Yardney 894074

November 28, 202229m 25s

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Show Notes

We know that there is a dire housing shortage around Australia, not just for rental accommodation, but for people needing social housing, affordable housing, and for people wanting to live in desirable locations around Australia

And this is only going to get worse with our borders now open to skilled migrants and international students.

So, it was great to see that the recently delivered budget contained multiple housing initiatives, including the "aspirational target of 1 million new, well-located homes over five years from 2024".

But in my mind, while our government sounded serious about housing — I don't think they're serious enough to fix the structural problems that have locked so many Australians out of owning a home and, increasingly, renting one.

And that's what I discuss in today's Podcast with Dr. Andrew Wilson, chief economist of My Housing Market.

Links and Resources:

Michael Yardney

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Dr. Andrew Wilson, Chief Economist My Housing Market

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