If the stars align, consumers will benefit from increased economic activity in the short term. And if they don’t, then the economic recovery will have consumers saving more in uncertain times.
These units in suburban Parramatta were built as part of the 2009-12 national Social Housing Initiative.
Gethin Davison
Do affordable housing projects drive down property values? Does neighbours’ quality of life suffer? Case studies in Brisbane and Sydney suggest such fears aren’t justified.
Unequal access to housing has considerable long-term effects far beyond just property ownership.
Lukas Coch/AAP
Landlords and property agents often apply ‘no pets’ rules even though many households see them as part of the family. Their difficulty in finding rental housing then becomes a source of great stress.
Crane numbers, in this case in Darlington, Sydney, are an indication of the number of new units coming onto the market.
Francisco Anzola/flickr
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?
Sydney investors can profit equally from purchasing apartments or houses.
Mick Tsikas/AAP
When it’s cheaper to buy and rent out and then rent another place, you know something is wrong with negative gearing.
Before entering politics, Scott Morrison was employed to develop policy for the Property Council of Australia, which is now leading the charge against negative-gearing reform.
AAP/Mick Tsikas
The default position for politicians is to sound concerned about housing affordability, but do nothing. This can be explained by the idea of ‘policy capture’, in this case by industry interests.
Negative gearing: the perfect fixer upper?
frankieleon/Flickr
There’s no accurate data on foreign investment in Australian real estate, but what we do have suggests it’s only partly to blame for rising house prices.
Replacing old apartments with new ones may not improve affordability.
AAP Image/John Donegan
New research released today shows that changes to NSW strata law that allow the sale of apartments against the owner’s wishes likely won’t improve housing affordability or availability.
Property comes at a hefty premium in Sydney’s eastern suburbs.
David Gray/Reuters