The medicine is killing the patient – extreme housing shortage signals urgent need to reduce demand by stopping population growth

Sustainable Population Australia

Media release 24 April 2026

  • Sustainable Population Australia (SPA) says that high levels of immigration experienced since 2005 increases rental costs and lowers vacancy rates.
  • Government’s housing crisis fixes make the housing crisis worse by increasing demand through high levels of overseas migration and home buying support, that increases demand without increasing supply.
  • Recent data showing national housing vacancy rates at critically low levels — around 0.7 per cent of total rental properties, underscores a deepening crisis that cannot be solved by supply measures alone while demand continues to surge unchecked.
/Public Release.