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flag Australia faces a housing shortfall of 262,000 homes, with issues in productivity and costs.

flag Australia is facing a housing shortfall, with 262,000 homes below its five-year target of 1.2 million. flag The housing sector struggles with decreased productivity and high construction costs, while the Reserve Bank's interest rate cut could benefit mortgage holders. flag The Victorian budget has been criticized for not addressing social housing needs and the property sector's calls for tax relief and investment.

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