Australia may experience a housing shortfall of over 160,000 dwellings in the next decade, according to new modelling by an independent commonwealth housing entity. On Friday, the National Housing Finance and Investment Corporation (NHFIC) published its flagship research report, “State of the Nation’s Housing 2021-22,” providing critical housing data and projections. NHFIC CEO Nathan Dal Bon said the research provides on-the-ground insights to understand Australia’s housing supply and affordability trends in the coming decade. “It has been a remarkable past 18 months for Australia’s housing markets, with the largest population shock in a century, unprecedented government stimulus, a widespread flight to the regions, and accelerating house price growth and tightening rental markets impacting housing affordability,” Dal Bon said. NHFIC modelling suggests that over 1.7 million new households are expected to form across the country in the next decade, with the strongest growth in lone person households. It also found on …