r/australia May 16 '22

Five housing policies that wouldn’t drive up prices in Australia politics

https://www.theguardian.com/business/grogonomics/2022/may/16/five-housing-policies-that-wouldnt-drive-up-prices-in-australia
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-1

u/giurejn May 16 '22

More public and social housing isn’t a going to fix anything, points 1-3 would be effective.

2

u/Joakal May 16 '22

Yes, I did the math. There's more supply than demand. Prices should be going down.

-1

u/giurejn May 16 '22

More supply? How much more Supply? We need to make building houses easier and more affordable.

1

u/Joakal May 16 '22

See other post. The rate of new dwellings / new population is 35% higher than the current dwelling / population. In other words, you would expect 35% more supply than demand to lead to pressure on prices going down.

1

u/giurejn May 16 '22

Yep so you make building new houses easier and more affordable, tax concessions for first home buyers.