Daily Telegraph –
First homebuyers locked out of Sydney’s runaway housing market are paying the price for a decade of “consistent undersupply” of new homes being built, with NSW building nearly 100 fewer homes per 1000 new residents than Queensland and Victoria over the past decade.
And while Planning Minister Rob Stokes this month pledged to fast track rezoning and accelerate home-building in the regions, that’s “just a start” for what needs to be done to rectify ten years of home-building shortfall, Urban Taskforce CEO Tom Forrest said.