As Australia grapples with a housing affordability crisis, prefab housing has emerged as a potential solution to increase housing supply. With experts predicting continued growth in the import of prefab components from Asia and elsewhere, the push towards prefab construction has gained momentum. This shift in focus comes amid a national housing shortage, with affordability becoming a key issue ahead of upcoming elections.
Matthew Kandelaars from the Property Council of Australia highlighted the importance of prefab in addressing the housing deficit. A strong trading relationship with China and other Asian markets plays a crucial role in meeting Australia’s housing needs. The government’s ambitious targets to build new homes further underscore the significance of prefab construction in the country.
More and more people are talking about prefab in an Australian context
“There’s no doubt that the electorate’s mind is focused on cost of living issues with housing at its root,” said Kandelaars. “As Australia’s domestic sector for prefab housing proves itself and scales up, the natural position would be to import what we can.”
This surge in imports from Asia coincides with the government’s housing goals, reflecting the need for innovative solutions to the country’s housing challenges. Prefab construction offers an avenue to meet demand and improve affordability, signaling a shift in the traditional housing landscape.
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