Turbo-Migration Turbocharges the Housing Crisis

The government is in complete denial that migration has fuelled the housing crisis, keeping Australians out of affordable houses. 518,000 net overseas migrants arrived to Australia in the 2022-23 financial year. In October 2022, the government predicted net migrants would be 283,000 less than that. That means an additional 110,000 homes are needed just for the extra 283,000 arrivals that weren’t forecasted alone, plus all of the other arrivals. There are 2.3 million visa holders likely to require housing in the country right now, yet the government won’t accept responsibility for causing the housing crisis.