The Property Tribune
A report released last Friday by the Urban Development Institute of Western Australia (UDIA) WA has revealed that Perth is projected to have demand outstrip supply within the next three years.
Threatening housing affordability in Perth, the Housing our Community: Acting Today to avoid tomorrow’s housing crisis report argues the industry is unable to deliver adequate housing due to restrictive planning controls, infrastructure constraints and land fragmentation.
UDIA WA CEO Tanya Steinbeck has labelled the report as a “warning bell for all stakeholders” in Perth and Peel, adding that no change will eventually lead towards a major housing crisis.
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