“Every country that has tried to build its way out of housing crises without dealing with the underlying problem of inequality and distribution has built a slum. The whole world is filled with these places that have had no restrictions on housing, and they built a massive shanty town outside of their city.
“And you think that can’t happen in a country like Australia. I grew up in Ilford, which is a poor suburb of East London...it was a poor suburb for working-class families, and it is now a slum. It’s as simple as that. All respect to the people that live there, is a place of desperate poverty, and those family homes are now expanded backwards, expanded upwards, and rented out by the room.
“Australia is a bit behind on this, but you’re going in the same direction. You will build a super luxury centre surrounded by extremely low-quality slums.”
https://www.watoday.com.au/politics/western-australia/economist-gary-stevenson-warns-wa-can-t-build-its-way-out-of-housing-crisis-20260228-p5o681.html