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Australia’s impossible housing equation

July 3, 2024 - 00:05 -- Admin

Data from the Australian Bureau of Statistics shows that the nation’s migrant intake rose to a record 547,300 in 2023. It would require an additional 218,920 dwellings to accommodate them, based on the average household size of 2.5 people. However, just 163,836 new dwelling were constructed during 2023, which is the lowest level in 11

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