Home building turns generational disaster
Albo’s housing disaster gets worse by the day. Building approvals just crashed again. The December 2023 seasonally adjusted estimate: Total dwellings approved fell 9.5%, to 13,085. Private sector houses fell 0.5%, to 8,416, while private sector dwellings excluding houses fell 25.3%, to 4,354. Albo’s housing goals are so far underwater it’s not funny. Immigration must