AI saves the house price crisis

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Paul Scully says AI technologies like ChatGPT could help developers move forward with building consent faster by identifying problems with proposals before they are submitted for approval. said.

He directed the department to conduct a “global survey” to find the best examples of AI and machine learning technology being used in the planning process.

“And maybe AI will come on the proposing side of things, not the evaluative side, where people can run suggestions through the system and see early where things go wrong,” he said. . Australian Property Council Summit on Wednesday.

“So we can focus on where the difficulties and challenges are in that proposal rather than on every aspect of a particular proposal.”

Scully said flooding the housing market with new supply will be key to addressing the housing price crisis, which is pushing an average of 30,000 people out of the state each year.

“It’s partly because people aren’t thinking about how I’m going to buy a house in Sydney right now, or spill over to areas like the Central Coast, Hunter, Illawarra, but they don’t know what I’m going to do. I’m thinking about how I can afford to rent some houses in Sydney ‘those areas’, he said.

He said he wanted to make it easier for developers to get planning permits and increase the density of areas around transport hubs, but warned against taking this as an invitation to “bad construction”.

“Please stop. Social license to develop has been declining over time because of silly suggestions,” he said.

“We have to keep in mind the fact that what we are building will last for a long time, so we need to build it in a more sustainable way, and more generally, for the people who are going to build it. You have to consider that ‘living in these houses. “

Stockland’s chief community officer, Andrew Whitson, said New South Wales has a once-in-a-generation opportunity to increase housing density around the new subway line, but he also said that the so-called “lost middle ground” denounced the lack of housing stock.

“We travel around these subway stations from the 20-story building to the detached house next door,” he said.

“Ensuring true diversity of housing around these locations will be very important in increasing supply.”

Scully called for more investment in prefabricated homes and modular construction.

Millvac’s head of development, Stuart Pencris, said the company is pushing to cut production times to eight weeks for some products, but developers are seeking more government support to offer prefabs at scale. said he needed it.



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