Category: housing shortages

Federal Housing Advocate Critical of Profit-Driven Housing Market, Calls for Regulation

May 14, 2023
CanadaCanada housingCanada housing marketcanada housing shortagehousing markethousing shortagesWorld
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Canada’s federal housing advocate told a House of Commons committee on May 9 that the profit-driven housing market is “harming people” and should be regulated. She said that only regulations will lower prices and that the market-driven housing industry is not working well. Marie-Josée Houle, who was appointed in February 2022 to the position under the National Housing…

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Australian Housing Market to Fall Short 106,000 Homes by 2027

April 4, 2023
AustraliaDavid Pocockhousing shortagesJulie CollinsWorld
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New housing modelling has painted a bleak outlook for Australia’s aspiring homeowners in the coming years as interest rate hikes and a surge in population growth are exacerbating housing shortages across the country. According to the latest modelling released by the National Housing Finance and Investment Corporation (NHFIC)–a federal agency tasked with improving housing outcomes,…

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