Letter to the Herald Sun: Building a fair society
(27/06/2021)
Building a fair society
Housing policy is a mess but it mostly comes down to supply and demand (“‘Hold on to that hatred’: Boomers aren’t to blame for Australia’s property mismatch”, June 20). Negative gearing has to go to help potential owners enter the market, rather than investors. And no doubt many empty nesters could convert their homes into dual occupancy. However, the more people there are, the more demand for housing.
In 2018, Australia’s population grew by 404,000. At an average household of 2.7 people, that equates to a need for nearly 150,000 new dwellings – just in one year. If we are to solve the housing crisis, addressing the supply side alone is not enough: demand counts too.
Jenny Goldie, Cooma