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Renters can save $90 a week if we reach 2029 housing targets  

Renters can save $90 a week if we reach 2029 housing targets
Content details

Title

Renters can save $90 a week if we reach 2029 housing targets

Website

www.propertycouncil.com.au/property-australia/supply-time-bomb-ticking-but-renters-can-save-90-a-week-if-we-reach-2029-housing-targets?at_context=75

Industry Body

Property ​Council ​of ​Australia

Subject

New research released a week ahead of the Federal Budget reveals a looming shortfall of almost half a million homes against Australia’s housing target – but bridging the gap could save renters $90 every week, an annual saving of $4,680. The report reveals that Australia is projected to be 462,000 homes behind the 1.2 million new homes in well-located areas target by 2029.