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Richard Denniss, co‑Chief Executive Officer of The Australia Institute, published an article dismissing the claim that Australia is suffering from a housing shortage.
Denniss claims that “Australia actually has more than enough houses, they’re just owned by investors”.
He cited ABS data on the number of dwelling showing that “over the past 10 years, the number of new homes has been growing faster than the population”.
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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.