2min chapter

The Joe Walker Podcast cover image

The Housing Supply Myth - Cameron Murray & Ian Mulheirn

The Joe Walker Podcast

CHAPTER

The Problem With Australia's Housing Supply

There is an economic motive with many, many storytellers who are very politically connected to jump on this bandwagon. And we legitimized that in Australia, we had the National Housing Supply Council created in 2008 after the pre-financial crisis boom. What's the problem with Australia's housing supply? We can now look back at their 10-year projections about housing need. They made these population projections, of which the lowest that they made was higher than the population growth we had - despite us massively increasing migrant intake in that very year. I'm in the insanity of that alone should stop this, but of course, people don't think logically. They like the simplicity that you were talking about.

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