Rebooting immigration will deliver monster housing shortage

The AFR is running an article claiming that “Millennials are a time bomb for the NSW property market”.

Citing a NSW Productivity Commission (PC) White Paper, The AFR claims that Peter Costello’s Baby Bonus generation will soon need their own housing, which will drive a chronic shortage of homes across Sydney in the second half of the decade.

Accordingly, drastic planning reforms are needed to increase density across Sydney’s suburbs:

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