Industry Super chief economist, Stephen Anthony, penned a detailed article in Fairfax over the weekend warning of a “homelessness epidemic” in Sydney and Melbourne due to the serious lack of affordable and social housing, and offering policy solutions:
Australia stands on the precipice of a major social crisis. Industry Super estimates a national affordable housing shortage (mostly sub-market rentals and emergency housing) in the order of 350,000 depending on typical family size. Two‑thirds or more of that shortage is in New South Wales and Victoria.
