A new study predicts a staggering shortage of 106,000 homes in Australia by 2027, exacerbating the nation’s housing crisis.

Researchers warn that a combination of population growth, inadequate housing supply, and affordability issues will contribute to this alarming shortfall.

Tim Reardon, Chief Economist of the Housing Industry Association discussed the report findings with Sofie Formica.

Press PLAY to listen.

The study calls for urgent government intervention to address the issue, including increasing housing supply, improving affordability, and supporting low-income earners.