New home needed every two minutes to keep up with population growth - Sky News Australia

New home needed every two minutes to keep up with population growth

• 1. jul. 2024

A new home would need to be built every two minutes to keep up with population growth and immigration according to industry analysis. To keep pace with immigration, a home would need to be built every 2.4 minutes, before accounting for natural population growth. The dire housing circumstances were revealed as July 1 marks the state of the Albanese government’s five-year promise to build one million new homes.