ANU blames housing crisis on immigration


The Australian National University’s (ANU) Centre for Social Policy Research released a report entitled: “It’s the economy (and housing), stupid: Views of Australians on the economy and the housing market in January 2024”.

This report explicitly acknowledges that historically high immigration is the “main pressure” behind the inflation of Australian housing prices.

In Section 9.2: Perceptions of house price change, the ANU authors write:

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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.