An alarming new report demonstrates Australia faces deepening rental and housing stress with a looming shortfall of 106,000 dwellings by 2027, reinforcing the need to finalise a package of housing reforms currently before the Senate.
The State of the Nation’s Housing Report released today by the National Housing Finance and Investment
Corporation also conservatively estimates around 377,600 households are in housing need, comprising 331,000 households in rental stress and 46,500 households experiencing homelessness. According to the report, housing need across the country ranges from 208,200 households in highly acute rental stress to 577,400 households under less acute rental pressure.
Full media release here