How Australia can house a growing population without building more homes

If fewer people lived alone and more couples rattling around in big family homes could be persuaded to downsize, much of the current housing crisis could be alleviated overnight, experts say.

Many of the current housing difficulties are a result of our changing behaviours, Rawnsley believes. A lower fertility rate means fewer people living in each house, COVID split up share houses, more people own second homes, and the return of migrants and international students has driven up demand. “It’s fair to argue that both federal and state governments should provide additional incentives for people to downsize to relieve the shortage, but then there’s an affordability issue. Who’s going to be able to afford that four-bedroom house?“

He said short-term rental holiday accommodation represents a lot of property that could be in the long-term rental market, a lever governments are looking at.

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