Australian Property Investor Magazine
There has been no shortage of commentary throughout 2023 about the current state of housing markets across the country.
Western Australia, like most states in Australia, is experiencing an acute housing supply crisis that is making it harder than ever for people to get their foot on the residential property ladder or even find an affordable rental.
The last year has been characterised by stories of people unexpectedly finding themselves in a vulnerable position when it comes to their housing status, many experiencing homelessness for the first time.
As interest rates rise and cost of living continues to escalate, now is not the time to take our eye off the ultimate goal of ensuring that all West Australians have access to a safe, secure, affordable roof over their head.
UDIA has been consistently advocating for a housing supply pipeline that is squarely focused on the efficient and affordable delivery of housing to the market and to supplement rental supply.
To read the Opinion piece written by UDIA CEO Tanya Steinbeck, click here.