Housing crunch in regional areas
The slow rate of house construction in regional centres has caused high rates of housing stress for both renters and buyers. Research from the Australian Housing and Urban Research Institute shows that, at the 2001 census, over 23 per cent of renters and 14 per cent of home-buyers in non-metropolitan areas were experiencing housing stress. These figures are only expected to get worse as the pace of construction lags that of population growth. The report says “Housing policy, including housing assistance, needs to respond to demand in particular locations, especially those in higher demand locations such as the regional cities and coastal regions”.