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Articles on Housing

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What’s in the Turnbull government’s first budget for cities, defence, social services, the ABC and more? AAP/Lukas Coch

Federal budget 2016: political experts react

On reform, the 2016-17 budget is a holding one, with tinkering on the sides.
Homeless young people have a significantly higher prevalence of adverse health issues and greater levels of contact with the justice system. AAP/Mick Tsikas

New homelessness report shows the cost of waiting for early intervention

A new report’s findings provide a strong economic rationale for investing in early intervention to stem the flow of young people into homelessness.
New housing finance is now contracting quickly. AAP/Mick Tsikas

Australia’s housing finance in seven charts

Where investment loans were the fastest growing category of housing finance at the end of 2015, it is now the leading area of contraction.
Maybe not, if you work on Wall Street. Reuters

Is the American Dream dead?

Falling homeownership rates, stagnant wages and diminishing retirement savings mean that for more and more Americans, the middle-class dream is slowly dying – if it’s not already gone.
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

Housing policy is captive to property politics, so don’t expect politicians to tackle affordability

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.
Labor’s Chris Bowen and Bill Shorten announced plans for new tax rules, and the government, even as it attacked their plan, has also opened the door to changes to negative gearing. AAP/Gemma Najen

A first step on negative gearing, but not much more

The problem is there are already too many buyers willing to pay high prices, and negative gearing is designed to create more buyers willing to pay more.

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