Housing affordability, especially in Sydney, is now a source of political protests and the NSW government has announced a funding scheme with the potential to ease the pressure.
In what looks to be a landmark policy announcement with possible national ramifications, the NSW government has outlined the first phase of a $1 billion fund to develop social and affordable housing.
Soaring capital city rents have left 42% of households still in ‘housing stress’ despite getting Commonwealth Rent Assistance.
It is now possible to imagine Australia having a national affordable housing strategy, backed by funding, by the end of 2016.
Stuyvesant Town and Peter Cooper Village border the FDR Drive in Lower Manhattan.
NBC New York
Sure, a chunk of Stuyvesant Town's units will remain affordable for 20 years. But what happens after that?
Like in Monopoly, the rents keep on rising.
Toy houses via www.shutterstock.com
About a quarter of all renters are spending at least half of their income on housing, and the situation is projected to get much worse over the next decade.
A social housing development in Parramatta, Sydney, that was initially opposed by local residents.
Ignoring residents' concerns about boarding houses and failing to allay their fears helps nobody – least of all those in dire need of affordable housing options.
10 Red Road Court.
As Glasgow's most famous tower blocks are razed, we're again being asked to celebrate destruction of old notions of housing provision. We should treat it as a different opportunity entirely.
Despite the signing of agreements with NSW and Victoria to roll out the NDIS, many people with disability will still need much better supported housing options.
As the NDIS roll-out begins, Australia faces a housing shortfall affecting up to 122,000 participants. Developing smart technology and design offers more independent living for people with disability.
Housing’s in the news.
Until recently, affordable housing was mentioned only in conversations involving low-wage or unemployed workers – or the homeless. The only groups that focused on rising rental costs were low-income housing…
Micro housing could be the solution to helping millennials afford a home.
Home change via www.shutterstock.com
I co-teach a freshman seminar at the University of Texas called “Debt: the Good, Bad and Ugly” that examines the different ways consumers borrow and spend. Do they reflect wise investments in the future…
The dream of buying a home is increasingly unattainable for younger Australians.
Home ownership is becoming a fading hope for those without an existing foothold in the market. For increasing numbers of younger Australians, the dream will give way to a future as tenants.
Record-low interest rates could further inflate the housing markets in Sydney and Melbourne.
While policies such as negative gearing have helped middle to high income earners own property, they have also locked low income earners out of the market and created an unequal housing sector.
Miliband might ease the squeeze in Canary Wharf but what about the rest of the country?
Miliband throws renters a lifeline but the neediest still miss out on affordable housing.
Housing Association tenants will get the right to buy.
The Conservatives have long dreamed of a property-owning democracy but this version will not solve the UK's modern housing nightmare.
Housing security matters for older Australians like the residents of Millers Point, Sydney, who fear having to make way for development.
Without affordable and secure housing that meets the needs of older Australians, the nation cannot hope to sustain the productivity that is needed to secure future prosperity.
Community protests ensure urban planners pay attention to the politics of their work, while research evidence can more easily be neglected.
Urban planners tend to be attuned to council and community politics. They are less well informed when it comes to applying the findings of research to improve the quality of their work.
MIA from US housing policy.
President Barack Obama, in his annual address to the country last week, stressed the importance of keeping “the dream of homeownership alive for future generations of Americans.” One of the main ways he…
Bills, bills, bills.
The largest study of poverty ever conducted in the UK has laid out the dire state of British deprivation – and seriously…
Affordable housing in China is usually clustered into fenced housing estates of 1000 to 4000 dwelling units.
Rebecca L.H. Chiu
The sudden dismissal of Australia’s National Housing Supply Council last month suggests we may be entering a new housing policy vacuum. This is bad news for aspiring first home buyers, whose numbers have…
A government guarantee could attract more private investment into affordable housing.
First home buyers are slipping in the ranks of Australians purchasing a home, and once again negative gearing and supply issues are back in the spotlight. Even Aussie Home Loans founder John Symond has…
Renting attracts the lowest share of benefits from government housing policies,
Government housing policies overwhelmingly favour home owners over renters, according to a new report compiled by the Grattan…