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The housing policy choices facing voters

The housing policy choices facing voters

What are the choices facing voters in 2025 and which policies will actually help address the shortages of supply in Australia’s hectic property market?

Governments are grappling with a shortage of housing supply that is driving up prices and rents. 

Tom McIlroyCanberra Bureau Chief

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If there is a data point that shows how complex Australia’s housing crisis is, it might be 2.55. That’s the average number of people living in a given home across capital cities today, up from the record low of 2.53 in August last year.

Down from an average of 2.59 per home in 2016, the shift, as people working from home want to use the spare bedroom as an office, means an extra 160,000 dwellings are required to house the population. With about a quarter of all properties now home to just one person, it is no wonder housing supply is a key battleground for next year’s federal election.

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Tom McIlroy
Tom McIlroyCanberra Bureau ChiefTom McIlroy is the Financial Review’s Canberra Bureau Chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com

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Original URL: https://www.afr.com/politics/federal/the-housing-policy-choices-facing-voters-20240930-p5kek2