“PBSA should be included in housing policy because we are part of the housing solution,” says PBSA pioneer Craig Carracher as he takes aim at a government approach that ignores a key piece of the housing puzzle.

The student accommodation mogul, who built from scratch a living-sector empire with $8 billion in assets under management, says radical policy reform is needed, arguing that red tape is strangling housing supply when Australia desperately needs more accommodation.

Carracher co-founded Scape Australia in 2013 with Stephen Gaitanos, transforming it from “two guys out the back of a mining company’s office” into Australia’s largest student accommodation operator.