Modelling housing need in Australia to 2025
- the number of households predicted to form, but unable to access market housing
- the number of households predicted to form, but who will expend such a significant proportion of household income that they require some form of assistance to avoid a position of rental stress.
The simulation indicates the affordable housing supply necessary to meet the broad housing needs (not individual) of those households unable to access market housing (ownership or rental) and also quantifies those able to access the private rental market but placed under financial stress in order to do so.
Housing need arises from the interaction of demographic effects (population projections combined with propensities of different groups of people to