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2025-11-25 10:53:07
[AMP Economist: Immigration Needs to Be Reduced to 200,000 Per Year to Alleviate Australia's Housing Crisis] 1. AMP Chief Economist Shane Oliver points out that resolving Australia's housing affordability crisis requires a multi-pronged approach, with one key measure being matching immigration levels to the housing market's supply capacity. 2. Oliver states that Australia has clearly failed to achieve this balance since the mid-2000s, resulting in a current shortage of approximately 200,000 to 300,000 homes. According to AMP's rough estimate, immigration needs to be reduced from 316,000 per year as of the first quarter to approximately 200,000 per year to gradually alleviate the housing supply-demand imbalance. This recommendation highlights the close link between immigration policy and the housing market and provides concrete directional guidance for addressing Australia's increasingly severe housing affordability problem.
