Experts say this is what Australia needs to do to solve the housing crisis

What can we do with Australia’s property market, with soaring prices and rental shortages in many regional areas of Australia, from WA’s Pilbara to Hobart in Tasmania?

While more than 60 per cent of Australians own their own home, Australian Bureau of Statistics data shows homeownership rates for people aged under 40 is declining, part of a trend of intergenerational inequality and a growing gap between the haves and have nots.

Building more houses is often…