Five young economists from Deloitte have rejected calls to lower immigration to alleviate housing pressures, instead arguing that migrants are part of the housing solution:
The young economists argue migration is a solution to the housing supply gap rather than a problem because it will help fill skills shortages in the construction industry.
They say Australia needs a 41% increase in its construction workforce to meet Labor’s target of building 1.2 million new homes by 2030, and that both apprentices and migrants could fill the gap.
