As Australia faces a critical housing crisis, many are pointing fingers at the government for its possible negligence in addressing the situation. With more than one million immigrants entering the country and a sharp decrease in housing development, the nation is witnessing rising property prices, limited housing supply, and frustrated developers.
Anyone can tell you that if a housing crisis is happening, the logical step is to reduce immigration numbers and increase the construction of homes. However, the opposite is occurring. The government has allowed high immigration numbers while failing to support large-scale housing development.
As someone at the forefront of real estate development, I’ve seen firsthand the missed opportunities due to council and government inaction. Many promising development deals have fallen through simply because they were not supported by local councils. This is a recurring problem, especially when it comes to approving higher-density dwellings that could alleviate housing pressures.
In the face of such a crisis, it's hard not to question the alleged negligence of the government. By failing to facilitate the necessary housing developments and allowing immigration numbers to surge, they are worsening the situation. Whether this is incompetence or simply a refusal to act, the effect is clear—prices continue to rise, and housing remains scarce.
However, even in this chaotic environment, there is an opportunity for savvy investors. We intend to help our clients increase their net worth by focusing on the secondary market—purchasing properties that can be improved, held, or resold when the market shifts. When a future government eventually takes action to solve the housing crisis, those who have positioned themselves with quality properties will be able to capitalise on massive gains.
We believe that it’s only a matter of time before a government steps in to alleviate this crisis, making development approvals easier and unlocking the true potential of Australia's housing market. For now, the key to success is holding onto valuable properties and navigating the system until that change comes.
