Stop, hammer time: Can you build your way out of a housing shortage? 🔨
Build baby build. It is the cry being repeated around the world. Globally, there’s an undersupply of houses.
In America the estimated housing shortfall is 3.8 million houses. In Britain, the government aims to build 300,000 new homes each year. In the last fiscal year, they built just two-thirds of that. In Australia, the new government has just announced plans to build 1 million homes. In Canada, by the year 2030, they need another 3.5 million homes to avoid a supply crisis.
Today, Alec and Sascha try to understand this housing supply crisis and the world’s plans to build their way out of it. Is it as simple as building our way out of this problem?
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In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives.
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