Australian Property Investor Magazine
Expert opinion piece by UDIA WA CEO Tanya Steinbeck.
Perth is facing a drastic shortfall in new homes over the next couple of years but the city remains the most affordable for real estate investors looking for vacant blocks to develop.
The ‘Lucky Country’ is fast turning into the ‘Impossible Country’, as more and more people are struggling to find affordable and appropriate accommodation that suits the needs of their household.
UDIA WA has been sounding the alarm bells for years now in relation to the housing supply crisis that we currently find ourselves in, not just in Western Australia but across the country.
A lack of forward supply across the housing continuum, from crisis accommodation to social and affordable housing and into standard home ownership, has led to the situation we now find ourselves in.
To read the piece in full, click here.