Report: Excessive immigration behind Melbourne’s housing shortage

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The Victorian parliament has released its report into “The rental and housing affordability crisis in Victoria”, which explicitly states that the ramp-up in the state’s population growth from the mid-2000s has caused a persistent housing shortage.

Below are key extracts.


Migration is a significant contributor to Victorian population growth. Table 2.1 summarises population movement both overseas and interstate in and out of Victoria since 2016–17…

Victorian NOM

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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.