PIPA: Governments scapegoating investors for ‘bloated’ social housing backlogs

PIPA argued that governments had made private investors the scapegoat for the housing crisis while neglecting social housing, noting that social and affordable homes accounted for 4.1 per cent of national housing stock in 2022 and had fallen as a share over the previous decade. It said Victoria added just 74 social dwellings in the four years to 2022 while its waiting list grew to 57,672 households.