On average, Gen Ys are $50,000 short of the deposit they expect they’ll need to buy their first home.
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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.
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.
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.
A key problem with working out the impacts of negative gearing is that we don’t know exactly which properties it affects or the status of their tenants.
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.
Flaking lead paint in a home in Muncie, Indiana.
How did lead poisoning become a persistent threat in U.S. cities? Lead paint and slumlords played key roles, but so did postwar housing policies that trapped minorities in crumbling inner cities.
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.
Housing developers want to make a profit by maximising land value, but this presents a problem for affordable housing.
An increase in land supply is the usual solution put forward to solve the housing affordability crisis. What proponents of this argument fail to mention is that you need an industry prepared to deliver…
It worked for these people in Liverpool.
Housing People, Building Communities
With high prices and long waiting lists for existing houses, building your own home could make more sense.
Want to live here? Houses in Stanton cost £500,000 or more.
Wealthy commuters, retirees and second home owners are pricing locals out of the villages they grew up in.
Owning a home will remain just a dream for many Australians.
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Treasurer Joe Hockey doesn't believe Sydney housing is unaffordable. The data suggests otherwise.
Yes, no: the debate around Sydney’s property market is complex.
Image sourced from www.shutterstock.com
Whether Sydney's property market is in a bubble is hotly contested, but rising indebtedness has regulators worried. Can macroprudential tools help?
We haven’t built enough council houses since the 60s.
Housing image via www.shutterstock.com
Most of the best local authority homes were sold off under Thatcher: what's left won't help the housing crisis.
Poorer boys are especially vulnerable when growing up in close proximity to wealth.
Danny Lyon/National Archives
Mixed-income housing has been promoted as a panacea to concentrated poverty and crime. But recent research raises some red flags.
Uncertainty around Greece defaulting on debt repayments continues to dominate the global outlook.
Financial markets have factored in a cut to Australia's cash rate, but economists - including the CAMA Shadow Board - aren't so sure.
Not child’s play.
British tax rules mean it makes more sense to knock a good house down than make changes which will sharply cut national emissions.
The slow pre-dawn commute on the M5 from western Sydney is more than a pain for these drivers: it comes at a high social and economic cost.
Our new analysis reveals nearly a third of full-time workers in Sydney commutes for more than 10 hours a week. Those workers are spending almost three full weeks a year just to get to and from work.
Mixed-income developments replace Chicago’s Cabrini-Green Homes: Old Town Village West townhouses rise in front of the last remaining towers (since demolished) in this 2009 photograph.
For decades, public housing stood as the most architecturally visible and politically stigmatized reminder of urban poverty in many American cities. Originally built to accommodate an upwardly mobile segment…
Higher density housing is being presented as the latest solution for affordable housing, but a more robust policy is required.
Ex-NSW Premier Nick Greiner has proposed that land value embedded in public housing estates be recycled to generate new social housing - by redeveloping the estates into higher density living. Greiner…
Australia needs look at inclusionary housing policies to boost the number of affordable housing options.
Australia’s residential house prices rank among the highest in the world, and an increasing number of aspiring home owners are finding themselves locked out of the property market. While low interest rates…
Housing First is a program that offers housing to homeless drug users – regardless of whether or not they’re drug free – with a goal of social recovery.
Over the past decade, drug use in the US has risen dramatically, with heroin use reaching epidemic proportions. The country’s policy for combating abuse has involved incarceration, abstinence-only treatment…
Is assuming houses are like bananas making us look like apes?
A poster in the head office of a state planning agency claims: “Highest Housing Approvals in a decade: Keeping homes more affordable”. Indeed, the latest figures show national housing approvals rose 16…