Articles on housing supply

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Local councils across Australia are concerned about a shortage of affordable housing, but feel the problem is beyond local government’s capacity to solve. Dave Hunt/AAP

Local councils put affordable housing supply in the too hard basket

A national survey shows councils know much of the housing in their local areas isn't affordable. But providing affordable housing is not a priority because they see it as being beyond their means.
If you want to separate investor demand for property assets from demand for affordable housing, rent is a better indicator than property prices. James Ross/AAP

Why rents, not property prices, are best to assess housing supply and need-driven demand

Property prices have soared in the past decade, but much more modest increases in rent, with the exception of Sydney, suggest less of an imbalance of supply and demand for housing as a place to live.
The argument that stronger supply will deliver more affordable housing isn’t borne out in areas where new unit and apartment construction is booming. Joel Carrett/AAP

Affordable housing policy failure still being fuelled by flawed analysis

The clichés about housing supply and regulatory restraints are distractions from the need to focus on expanding the affordable housing sector to directly meet the needs of low-income households.
In the past, house building matched high immigration. Construction has increased, particularly in Sydney, but needs to make up the backlog of a decade of undersupply. Dan Himbrechts/AAP

How migration affects housing affordability

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.
Housing policymaking hasn’t gone smoothly since Tony Abbott sidelined the experts by scrapping the National Housing Supply Council in 2013. Alan Porritt/AAP

Mounting housing stress underscores need for expert council to guide wayward policymaking

Unaffordable housing and homelessness are burning issues. Policymaking has suffered from a critical lack of data and expert input since the National Housing Supply Council was axed in 2013.
Around one in seven Australia households either cannot get into housing at market rates or are struggling to pay the rent. shutterstock

Affordable housing shortfall leaves 1.3m households in need and rising – study

One in seven Australian households is in a state of housing need. A shortfall in social housing supply means some are locked out of the market and others pay much more for rent than they can afford.
Most Sydneysiders are concerned about the effects of foreign investment on the local real estate market. Dave Hunt/AAP

Sydneysiders blame foreign investors for high housing prices – survey

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.
Having embraced expert advice on bond aggregation to finance housing, Scott Morrison needs to ensure the Commonwealth commits to long-term investment and cooperation. Julian Smith/AAP

Bond aggregator helps build a more virtuous circle of housing investment

The bond aggregator by itself cannot create a housing development pipeline. It needs co-investment from government to make it feasible.
Low-cost housing development on the city outskirts can expose owners to higher costs in the long run. Paul Miller/AAP

Affordable housing is not just about the purchase price

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?
Treasurer Scott Morrison is eyeing bond aggregation as a way to finance social housing, but government funding is still needed under that model. Mick Tsikas/AAP

Affordable housing, finger-pointing politics and possible policy solutions

In the second part of our review of what The Conversation experts have to say about housing, we focus on affordability, social housing and what government can do about a growing crisis.
The Turnbull government’s line that supply is the key to affordability finds little support among housing experts. Dan Himbrechts/AAP

What housing issues should the budget tackle? This is what our experts say

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.
Generation X and Y are equally, if not more aggressive than baby boomers when investing in property. Chris Devers/Flickr

Business Briefing: how the attitudes of the next generation are changing the property market

Business Briefing: how the attitudes of the next generation are changing the property market. The Conversation18.5 MB (download)
There's been a shift in attitudes to the property market over generations, from owning a home as a right, to owning a home as a commodity.
Scott Morrison has recently broadened the range of affordable housing policy options he’s considering, and moving beyond simplistic supply-side solutions would be a positive development. Mick Tsikas/AAP

Australia’s almost a world leader in home building, so that isn’t a fix for affordability

The housing supply solution our leaders are advocating will only work if affordability is simply a problem of supply. In fact, Australia is almost a world leader in rates of new housing production.

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