While governments focus on how to ease congestion and make affordable housing more accessible for workers in our biggest cities, fast rail could be a mixed blessing for regional cities.
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Articles on Housing prices
Displaying 21 - 40 of 73 articles
Household wealth in Australia has taken its biggest dive since the global financial crisis. But it’s not all doom and gloom.
Governments should stop offering false hopes and pandering to NIMBY pressures. As well as increased public and private housing supply, growing cities need well-designed higher-density development.
The Productivity Commission neglected the impact of housing costs. After allowing for these costs, the top 10% of households’ average disposable income grew at 2.7 times the rate of the bottom 10%.
Migrants have similar home ownership rates to the overall population and rely less on public housing. But housing supply shortfalls and higher prices have reduced ownership among recent migrants.
Australian governments are faced with a choice: make the difficult decisions to fix planning systems so more houses can be built, or tap the brakes on Australia’s migrant intake.
Only the national government can solve the housing crisis – but local authorities can make a big difference in their communities.
Concerns about foreign investors driving up housing prices have been growing. Australia was first to bar foreign purchases of existing residential property, but New Zealand is set to go further.
Yet again the evidence shows supply is no cure-all for affordable housing. All levels of government in Australia need to concentrate on housing for low-income renters in particular.
Only 18% of Sydneysiders think foreign investors should be able to buy property. They simply don’t accept arguments that this investment improves housing affordability by increasing supply.
New research shows the actual returns on equity for housing investors are higher than most people realise. This helps explain why investors are able to out-compete other home buyers.
People are taking on larger future risks and costs just so they can buy a house. Increases in new home owners are seen as a positive development, but what if they can’t afford the ongoing costs?
Housing experts writing for The Conversation largely agree on the government policies that are causing negative distortions in the market and the wider economy. And supply is not the key concern.
We now value the house as a wealth builder, not just a place to live in and raise a family. The result is a distorted investment market that makes home ownership and rental unaffordable.
Clue: the UK needs to get over its obsession with home ownership.
Without long-term solutions to the imbalance between incomes and house prices, Gen Ys face a lifetime of renting without the financial and emotional security of home ownership.
We are hearing dire warnings from property interests fighting against changes to negative gearing. But what if Labor’s proposed changes actually support demand for the flood of new properties?
The hospitality and tourism sector is struggling to find a good supply of lower-paid workers in the CBD, because that is also where they face either high housing or travel costs.
What if there was a middle option between retention and abolition that made negative gearing work better? There are multiple ways to improve accountability for this $8 billion-a-year tax concession.
A new study reveals just how tough it can be to rebuild a life after homelessness.
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Top contributors
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PhD Candidate, Swinburne University of Technology
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Head of Urbanism and Associate Professor of Urban Studies, School of Architecture, Design and Planning, University of Sydney
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Program Director, Economic Policy, Grattan Institute
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Professor of Housing Research and Policy, and Associate Director, City Futures Research Centre, UNSW Sydney
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Professor of Urban Policy and Director, Centre for Urban Research, RMIT University
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Senior Lecturer, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
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Professiorial Fellow, The University of Melbourne
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Adjunct associate, Swinburne University of Technology
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Professor of Housing & Social Policy, Centre for Urban Transitions, Swinburne University of Technology
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Associate Professor in Urban Geography, The University of Melbourne
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Lecturer, Property and Real Estate, School of Management and Marketing, Deakin University
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Professor of Sociology and Director of the Housing and Community Research Unit, University of Tasmania
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Associate Professor of Project Management, RMIT University
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Emeritus Professor, Department of Political Economy, University of Sydney
