All’s not well in the gardens of Eden

Regional areas, particularly up and down the east coast, are reeling under the shockwaves from the Sydney and Melbourne property booms. Coffs Harbour, Port Macquarie and the Tweed have all seen affordability and supply issues soar. Churches Housing’s CEO, Magnus Linder, has just returned from Eden where the Salvos, Uniting and Anglican churches are all crying out for more crisis, transition, social and affordable housing. They are prepared to throw some land (pictured) at the problem but, of course, there are many hurdles before anything can be built to alleviate what are escalating housing problems for many communities. Treating housing purely as an asset class has led to market failure for many people who simply need housing as shelter.