Housing in Australia is experiencing a significant shake up.
An under supply of housing across all cities, states and regions has spiraled to the point of crisis. The build-to-sell apartment sector that traditionally did the heavy lifting for residential supply is under pressure. Affordability has locked a future generation out of home ownership, and the future models around how people live are likely to look very different.
We have seen the emergence of the Build-to-Rent sector and institutionally funded residential development in recent times. This is a significant change to how residential property is procured, but is it enough to solve the size of the problem we have?