The housing shortage, lack of affordable homes to buy and shortage of long term rental properties are hot topics Australia wide.
Queensland’s housing and homeless crisis is spiraling, and escalating house prices combined with record low vacancy rates in South Australia means low income earners are struggling to find affordable homes to rent, let alone buy. And New South Wales estimates a current shortfall of over 220,000 social housing dwellings.
It’s the same story in Victoria. You’ve likely seen plenty of media coverage on the topic and perhaps formed your own opinions based on your personal experience.
As are the other state governments, the Victorian government is attempting to address the housing crisis with a number of initiatives and legislative reforms. Their Housing Statement Progress Update provides an outline of initiatives achieved to September, 2024.
Read the update to see how the Victorian government believes their housing reforms are tracking thus far, and see if it aligns with your own observations.
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