Residential property market analyst and commentator Tim Lawless, of RP Data, has today voiced concern and confusion about the major parties’ ignorance of housing policies in the lead up to Saturday’s federal election.
“As a residential analyst on Australia’s housing market, for me, it is very surprising to see how housing policy initiatives have played what seems to be an insignificant role in the current election campaign,” he said.
“Despite housing costs and supply being one of Australia’s most topical and pressing issues it seems as if both major parties have mutually agreed to place the issue in the ‘too hard’ basket.”
Mr Lawless said the National Housing Supply Council estimates that there is close to 180,000 too few homes across Australia with this projected to rise to around 308,000 by 2014 – and yet the campaigning parties are failing to acknowledge the issue.
Mr Lawless’ comments follow calls from the Housing Industry Association (HIA) and the Real Estate Institute of Australia (REIA) over the past week for the major parties to acknowledge specific housing policies in their campaigns.
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