Labor's first budget created a Housing Accord targeting one million homes over five years from 2024, with no immediate affordability relief. UDIA president Max Shifman says the plan is impossible without cooperation from state, territory and local governments on planning reform, and without private development and investment.
As I told realestate.com.au: “The plan would be impossible to achieve without the cooperation of state, territory and local governments, as so much of the vital supply boosting reforms, like streamlining planning systems, need their input and support,”
I also said: “Equally, without private development and investment, we simply cannot close the affordability and housing gap.”
And I added: “a good chance of moving the dial further than before”
realestate.com.au, 26 October 2022 — Read the full article