IMO, the best way to manage the housing crisis is to:-reduce...

IMO, the best way to manage the housing crisis is to:
-reduce local Government levies on new housing (about $70K/unit)
-reduce State Government S/D on slaes (now averaging $25K)
-release more land for development
-reduce rates on apartments.

IMO the trigger to build more social/affordable housing should be
the rental vacancy rate:
2% = stable market........maintain the status quo
3%=too much rental stock...........cut back on building
1%..=..........build until vacancy rates reach 2%

PS: the $s foregone by Munis & State Governments should be topped up by the Comm