In the three months to March, just 705 new homes commenced construction, down from more than 1,000 starts in the corresponding quarter in 2021.
This is the seventh consecutive quarter in which new building starts have fallen, and shows the pipeline of new housing is shrinking, when more than ever we need it to be growing.
These figures highlight an alarming trend under the Liberals.
Tasmanians deserve a government that will prioritise housing and putting a roof over people’s heads.
Labor has a plan to increase the availability of private rental properties including affordable private rentals, as well as continuing to increase supply of government and social housing.
Under our Build to Rent program, Tasmania would see an increase of at least 1,000 additional private rental homes enter the market within the first five years, and stay in the private rental market for thirty years.
This is on top of the 10,000 social and government homes by 2032.
A State Labor Government would also expand the MyHome scheme and get more people into home ownership, driving the market for more new houses.
If the Liberal Government hasn’t fixed the housing crisis after 10 years in government, they never will.
13 July 2023