Experts say the data released by Prosper Australia demonstrates the need for the government to encourage property owners to bring more housing to market.
Water consumption data released by Prosper Australia on Saturday found 27,408 dwellings across Melbourne were empty in 2023, and a further 70,453 were barely used. The empty properties could home those on Victoria's social housing waitlist twice over, leading to calls to use existing housing to solve the crisis.
"The best spur is land tax," he said. "By making it more costly for owners to hold back housing, land tax improves housing supply and affordability." Premier Jacinta Allan unveiled proposed 2051 housing targets in June for all Victorian local government areas, under which two million homes would be build in metropolitan Melbourne. The state government noted that Victoria had the largest annual population growth of all Australian states.
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