Everyone needs a place to live: more migrants mean we’ll need more homes

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Everyone needs a place to live: more migrants mean we’ll need more homes
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It’s a matter of simple logic that increasing the population without building more housing will worsen our housing affordability woes. | OPINION by By Brendan Coates and Joey Moloney

estimated that the high migration in the first decade of this century saw housing rents rise 9 per cent higher by 2018 than they would have been if population growth had stayed at 2005 levels.

The key problem is that many states and local governments restrict medium- and high-density developments to appease local residents concerned about road congestion, parking problems, and damage to neighbourhood character. The people who might live in new housing – were it to be built – don’t get a say.

help to boost the supply of housing. It should provide financial incentives to state and territory governments to reform their land-use planning regimes in ways that will boost supply., the federal government paid the states nearly $6 billion over 10 years in exchange for much-needed regulatory and competition reform. The Productivity Commission later concluded that the benefits of the policy massively outweighed the costs.than they would be otherwise.

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