30,000 Homes Dwarfs Government Pledge

Research by the Australian Housing and Urban Research Institute shows Australia is short 173,000 affordable dwellings for rent, with Sydney short 60,000 dwellings.

The research also shows 71 per cent of all lower income private rental households struggle to pay rent that is considered unaffordable.

“The grim shortage of social housing and affordable rentals, high levels of housing stress, with insecure, short-term jobs is triggering a spike in financial distress, housing insecurity and homelessness,” Mission Australia chief executive James Toomey said.

Prior to the pandemic more than 150,000 people were on the waiting list for public housing. That number is now 200,000 people.

UDIA president Simon Basheer said proposals for social and affordable housing needed to be viewed in the context of the underlying, structural deficit on housing supply.

“The long-term goal is simple—producing a sustained pipeline of additional supply to meet the demands of population growth and deliver a more balanced market,” he said.

Budget Reply: 30,000 Homes Dwarfs Government Pledge

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