Get ready for another structural housing shortage

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Australians are going to have to get used to living in more cramped and crowded accommodation as housing supply once again falls below rampant immigration-fuelled population growth.

That’s the view of Australia’s largest listed developer, Stockland, who has warned that housing shortages are developing from coast-to-coast:

The country’s largest listed residential developer Stockland has warned that housing shortages could emerge in every market in Australia as the property cycle accelerates…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.