Australian folklore has always had us believing that we are high on the list of home-ownership. Actually, we are 26th on the list, at 66% (down from 70% seven years ago). Hungary is on top with 90% home ownership, and Switzerland comes in at 40%.

That leaves quite a few Australian renters more and more relying on private landlords because Australian governments are not big on providing shelter for people who can't afford to buy.

Between 1955 and 1978, Australia built an average of 15,400 public homes per year.

Between 1979 and 1990, the average annual number of public homes built fell to 11,700 per year.

Between 1991 and 1999, the average annual number of public homes built fell further to 8,000 a year.

And so far this century, the average annual number of public homes built has collapsed to only 4,000 a year.

So, the current housing crisis started 50 years ago. And leaving the problem to the market hasn't worked; the public percentage of all home building has gone downfrom 22% in 1955 to 2% in 2022, at a time when mass immigration has become more massive than it has ever been. (Source: macrobusiness.com.au).

Good statistics ttbn. Kudos.

CM

Thanks.

I'm glad you posted. You might be interested in downloading a free pdf issue of Quadrant on line containing arguments against the Voice, including a 'progressive' argument against. Others might be interested too, but I didn't think it was politic to make a special 'announcement' and be accused of advertising, particularly of something conservative, right wing and sundry epithets.

Yes ttbn I would be interested in the Quadrant article pdf on The Voice. Thanks.

Labor and the gangreens want to punish landlords for making money by renting out their properties so now there are less properties for rent and people are building fewer properties for investment.

Simple.

ttbn,

Thanks for the statistics, the housing crisis has been growing in Australia for 50 years, not since the 1970's has Australia enjoyed a decent supply of affordable housing, despite mass immigration during the 50's and 60's. The decline in public housing is only partly responsible for the slide in home ownership, an overheated property market created by cashed up buyers in a restricted market has forced up prices, firstly in Sydney, and then later in Melbourne and the other capital cities, it has now spread to the regional centres as well, and this is pricing new home buyers out of the market. Both state and federal governments have been responsible, for firstly failing to decentralise, and then failing to release enough affordable land to allow the less financial in society an opportunity to buy their own home. Its a difficult manoeuvre to turn the ship around, but action is need now, otherwise the homeless and unsatisfactory housing situation is only going to get worse.