Property lobby begs for migrants to fill empty homes

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According to the Housing Industry Association (HIA), 2021 will mark a record year of detached house construction:

Record house construction

Record house construction.

However, HIA Economist Angela Lillicrap has called on the federal government to reboot pre-COVID levels of extreme immigration to ensure that housing demand remains strong:

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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.