Housing
Australia Has Nearly Enough Homes Under Construction to Hit Its Housing Target. It Finishes 172,928 a Year.
The National Housing Accord needs 240,000 homes a year. A record 242,874 dwellings are on site right now — but the pipeline is clearing more slowly than at almost any point in twenty-two years of ABS data. At the build-out rate that prevailed in the five years to 2019, that same pipeline would deliver 236,087 homes a year, within 2% of the target. The shortfall is not at the approval counter.
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