Media Coverage

AFR: 1.3 million missing homes blamed on councils and NIMBYs

Australia could have built an extra 1.3 million homes over the past 20 years, but costly zoning, planning and building red tape imposed by local councils is chiefly to blame for a huge housing undersupply, according to analysis by former Reserve Bank of Australia economist Tony Richards.

Housing All Australians’ Robert Pradolin (MAICD) was interviewed in a new Australian Financial Review series on housing supply. Rob says:

“My concern is the intergenerational economic time bomb and that future generations won’t be able to afford a home.

I’ve never met a federal minister, a state minister or local government elected politician that really understands how their decisions impact housing affordability.”

Read the full article at the Australian Financial Review, here.