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Doing more with less will not solve the housing crisis

Building costs have stopped rising quickly, but could easily take off again if builders are bidding for labour and materials against our other good causes.

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We’re five months into a five-year plan to build enough homes to fix the housing crisis, but we’re already falling behind.

Homes are too costly to build, take too long and there are not enough people to build them. The government’s 1.2 million homes by 2029 target looks ambitious, if not already unattainable under existing industry conditions.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5kmuf