Is the key to ending our housing woes really just “Supply”? And will the Albanese government’s new $10 billion Housing Australia Future Fund solve that problem?
The federal government says its new fund will provide $500 million a year to build much-needed social housing.
To meet our housing targets, we need to find new ways of building more with less.
Reusing existing and obsolete buildings for new housing - adaptive reuse - is another way to provide more housing.
A final challenge to government: As we prepare to spend billions on building housing across the country, is it too outlandish to imagine we could invest a mere 1% of those vast sums in innovation programs? Innovation can deliver the increases in building productivity and capacity that Australia so badly needs.
If you only look at this aspect, that’s true, with an asterisk*. But there are other factors that make medium density really good compared to both low density and high density. Factors I’m happy to get in to and have done many times in the past, though it’s a little off topic for this thread.
* the asterisk is that depending on how you build the very tall towers, their density can end up being quite comparable to that of medium density. The so-called “tower in a park” layout, where you have large towers with a good amount of green space (or other open space) surrounding them ends up not too much greater in density than straight-up medium density.