Even though Sydney’s population growth (at 14%) is below the average across all capital cities, its housing supply failed to match this growth.
AAP Image/Dean Lewins
Data on housing supply in Australia's capital shows that while it's increasing in areas with lots of jobs, house prices are too high for those who might want to move for work.
More competition between renters won’t help affordability.
In a market already tilted in favour of landlords, these apps could further push up prices.
Australia’s population is highly concentrated in a few cities, so once centres like Newcastle have absorbed the spill-over from high-cost capitals, where will the talent go?
City of Newcastle/AAP
Australia has few places to capture the spill-over of talented workers priced out of the big cities. Some may leave the country altogether – and where talent goes, capital flows.
Restoring and expanding Australia’s run-down public housing stocks will need an increase in funding on top of the reforms in the budget.
The budget is pushing for a much-needed reboot of the social housing sector. What it isn't offering is extra funding to renew and expand run-down housing stocks.
Unless the demand pressures are eased, first home buyers are still likely to be crowded out of the market.
The budget acknowledges the crisis of affordability for first home buyers, but fails to do enough about demand pressures on prices to put home ownership back within their reach.
The budget brought no increase in rent assistance to help low-income renters in the private rental market.
For the majority of Australia’s renters, housing will remain unaffordable, insecure, and out of reach following the 2017-18 federal budget.
Tackling housing affordability will be a priority for the Federal Government in the 2017 budget.
The housing affordability measures in this budget involve not much more than tinkering.
When public investment in a development like Sydney’s Northern Beaches Hospital boosts land values, who should reap those gains: the community or individual owners?
NSW Premier's Office/AAP
Who is entitled to the increase in value created by planning approvals, new infrastructure, population growth or urban development? For John Stuart Mill, the answer would have been the community.
The latest ANUpoll shows that Australians are very concerned that future generations may be locked out of home ownership.
Australians are in favour of housing affordability changes that the government still doesn't support, an ANU poll shows.
The political legacy of Abbott's broken promises contributed to Malcolm Turnbull's near-death experience at last July's federal election. ThisTurnbull government budget will be largely about burying the legacy of its predecessor.
Are the millennials doomed to be nomads, locked out of the home-ownership market forever?
Owning a home has deep cultural and economic connotations. A home owner is a member of a street, a community. They are a successful adult human. They own a piece of the pie, the dream.
Older Australians are not deterred by financial barriers as much as emotional ones, when it comes to downsizing.
When people do downsize, financial incentives are generally not the big things on their minds. And so most of the budget’s financial incentives will go to those who were going to downsize anyway.
Low-cost housing development on the city outskirts can expose owners to higher costs in the long run.
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?
Regulations and changing conditions within China’s economy have led many Chinese investors to spend overseas.
Chinese real estate investors might be more interested in investing in their homeland rather than Australia, given the changing market and regulations.
There’s been quite a bit of speculation over whether Australia has a property market bubble - where house prices are over-inflated compared to a benchmark - and when it might burst. According to housing…
Even properties at the lower end of the market are beyond the means of most people on low fixed incomes.
Only a small proportion of housing is affordable for low-income earners, while people on Newstart or Youth Allowance don't have any affordable options at all.
A Shorten government would double the screening fees on foreign investment and financial penalties that apply to foreign investment in residential real estate.
Labor will promise to ban direct borrowing by self-managed superannuation funds, as part of a housing affordability policy released on Friday.
Despite a huge apartment boom in inner Sydney, Airbnb may make house affordability worse.
Without proper planning, legalising Airbnb may make housing even more unavailable and unaffordable in high-demand suburbs.
Not all renters will be able to become – or want to become – home owners.
For renting to become a truly viable, long-term alternative to home ownership, greater rental affordability and security is needed.
Barnaby Joyce and Scott Morrison have channelled 1940s-era debates in their comments on housing affordability.
It's not the first time Australia has grappled with concerns about affordable housing. History offers insights that can help inform contemporary debates and policies.