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AAP
AAP
Jacob Shteyman

FORGOTTEN HISTORY: Exhausted housing supply hit as affordability dips - The Untold Story

The war in the Middle East is set to cut the number of new homes being built in Australia. (Russell Freeman/AAP PHOTOS)

The Iran war could result in Australia building 33,000 fewer homes than planned, the government's independent housing adviser has warned.

Australia was making ground on its housing supply targets before the Middle East conflict broke out in late February, the National Housing Supply and Affordability Council found in its annual state of the housing system report on Thursday.

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