Key Points
- The Institute of Public Affairs says Australia will have a net shortfall of 252,800 houses and fla
- A key contributor is the Government’s inability to ‘rein in the influx of migrants’, it said.
- But some economists say this is misleading.
A conservative-leaning think tank says an “unprecedented flow of migrants” to Australia had exacerbated the country’s housing and rental crisis, though the claims are disputed by others as being misleading.
The Institute of Public Affairs’ report said the Government’s inability to “rein in the influx of migrants” after international borders reopened following the COVID-19 pandemic was a key contributor to housing supply shortfall.
The report has been labelled “rubbish” by managing director of the Australian Housing and Urban Research Institute, Michael Fotheringham, who told SBS News it doesn’t mention key factors that, he believes, have led to…