I’ve long held a theory that the reason we have such a squeeze on rental accomodation is that there are now fewer people per house. And lo, i am validated. At least according to this article in todays CT.
We’re now living at 2.6 people per household in the ACT compared to a decade ago when it was 2.8. May not seem like much but that 0.2 amounts to a need for 8800 additional dwellings in canberra’s current population, probably equating to 3 whole suburbs.
The more interesting thing to note is the massive increase in property size over the same 10 years. Everyone seeminly wants a McMansion because the average house size has increased from 203sqm to 247sqm in australia.
With these trends it would seem that the days of the basic 3 bedroom govie house are long gone, and with diminishing block sizes perhaps the time honored tradition of backyard cricket as well.