As I stated, I couldn't find the more up to date graph I recently saw. But from memory, Australian completion rates were still World leading.
Yes the vast majority is new builds for private properties. My point is that supply & construction of housing is high already.
What capacity is there within the building industry to complete high volumes of lower margin social housing?
My main point was that there's two sides to this equation. Supply & demand. Decrease the demand growth and you might make rental / purchase prices lower, and free up part of the industry to construct more social housing.
