this post was submitted on 03 Apr 2024
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It could, but I have a hard time seeing a for-profit builder charging less than the market can bear.
On top of that, there's a shortage of tradespeople, and the increased cost of borrowing, which makes it unlikely that we'll see anywhere near the level of growth necessary for that to happen organically.
Our governments need to get back into the building game. They need to make like the 1940s and 1950s and build a tonne of affordable housing.