Housing supply

Albo launches another bogus housing supply advice

Academics from the University of Adelaide and the University of South Australia have praised the Albanian government for announcing the establishment of a National Housing Supply and Affordability Council (NHSAC), claiming that he “could be the biggest and most impactful housing announcement of the year” this “is a major step towards a thoughtful and long-awaited national plan for housing”:

Australia’s approach to housing supply and affordability challenges over the past decade could easily be described as ‘dilapidated’. This means that policies, interests and results have opposed each other.

Reliable and reliable data did not exist. Booms and recessions have snuck up on us unnoticed, making real estate prices difficult to predict. And housing affordability has become an “unsolvable” problem.

A National Housing Supply and Affordability Council (NHSAC) promises to provide a shared resource on national goals, achievements and milestones. He will be able to report on it systematically over time.

The council will bring together a transparent advisory group of experts to advise governments…

Australia’s housing crisis is finally getting the serious political attention it deserves.

South Australian academics must have short memories because we have been here before.

In 2008 the new Rudd Labor government established the National Housing Supply Council (NHSC) “to monitor housing demand, supply and affordability in Australia, and to highlight current and potential gaps between housing supply and demand”. The NHLC “composed of experts from a wide range of relevant fields, including academia and the sectors of finance, economics, urban development, residential construction, urban planning and social housing”. This is “The role was to provide estimates, projections, analysis and policy advice regarding housing supply and demand”.

Below are the terms of reference that applied to the 2008 NHLC:

  • Strengthen the evidence base for decision-making by advising the Minister for Housing on the state of the housing market and current developments, including the adequacy of land supply and building activity to meet the request ;
  • Examine the implications for housing supply of urban planning and infrastructure development, including the development of public and private transport, and technological changes in the communications sector;
  • Provide advice to the Minister for Housing on options and strategies to improve housing supply and affordability, particularly for low-income households, and
  • Advise the Minister of Housing on specific matters as requested.

The NHSC produced six reports before it was finally disbanded by the newly elected Abbott coalition government in 2013.

Given that the NHSC hasn’t achieved anything politically, what makes you think NHSAC 2022 will do any better?

Australia has already run a series of housing affordability surveys, all of which have been ignored.

Thousands of hours of work and millions of dollars in salaries and consulting fees have been spent on these reports and absolutely nothing has come of it. So what’s the point of wasting more taxpayers’ money on the NHSAC? Nothing will come of it because our politicians actually don’t want more affordable housing because that requires lower prices.

Talking is cheap. I believe that the Albanian government is serious about housing when it engages in real political action.

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