New research reveals outdated concepts and thinking are shaping Australia’s troubled housing system.
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Articles on Housing affordability
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Concerns about the privatisation of public housing estates should not blind us to the benefits of the transfer of public housing to the not-for-profit community housing sector.
A variable special rate on new residential housing developments in selected centres could be used to create a local incentive to supply more affordable dwellings at higher density.
New research finds a state of confusion when it comes to Australian government policymaking on housing, despite its huge economic and social significance.
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.
New research shows the actual returns on equity for housing investors are higher than most people realise. This helps explain why investors are able to out-compete other home buyers.
Private renters’ security of tenure in Australia has less legal protection than in other countries with high private rental rates. A new study reveals mixed responses to this state of uncertainty.
Data on housing supply in Australia’s capital shows that while it’s increasing in areas with lots of jobs, house prices are too high for those who might want to move for work.
In a market already tilted in favour of landlords, these apps could further push up prices.
Australia has few places to capture the spill-over of talented workers priced out of the big cities. Some may leave the country altogether – and where talent goes, capital flows.
The budget is pushing for a much-needed reboot of the social housing sector. What it isn’t offering is extra funding to renew and expand run-down housing stocks.
The budget acknowledges the crisis of affordability for first home buyers, but fails to do enough about demand pressures on prices to put home ownership back within their reach.
For the majority of Australia’s renters, housing will remain unaffordable, insecure, and out of reach following the 2017-18 federal budget.
The housing affordability measures in this budget involve not much more than tinkering.
Who is entitled to the increase in value created by planning approvals, new infrastructure, population growth or urban development? For John Stuart Mill, the answer would have been the community.
Australians are in favour of housing affordability changes that the government still doesn’t support, an ANU poll shows.
The political legacy of Abbott’s broken promises contributed to Malcolm Turnbull’s near-death experience at last July’s federal election. ThisTurnbull government budget will be largely about burying the legacy of its predecessor.
Owning a home has deep cultural and economic connotations. A home owner is a member of a street, a community. They are a successful adult human. They own a piece of the pie, the dream.
When people do downsize, financial incentives are generally not the big things on their minds. And so most of the budget’s financial incentives will go to those who were going to downsize anyway.
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?
Top contributors
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Professor of Housing Research and Policy, and Associate Director, City Futures Research Centre, UNSW Sydney
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Emeritus Professor, University of Sydney
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ARC Future Fellow & Professor of Economics, Curtin University
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Professor of Urban and Regional Planning, University of Sydney
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Head of Urbanism and Associate Professor of Urban Studies, School of Architecture, Design and Planning, University of Sydney
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Program Director, Economic Policy, Grattan Institute
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Professor; School of Economics, Finance and Property, and Director, Australian Housing and Urban Research Institute, Curtin Research Centre, Curtin University
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Professor of Economics, UNSW Sydney
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Professor, City Futures Research Centre, Faculty of the Built Environment, UNSW Sydney
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Professorial Fellow, University of Canberra
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Professiorial Fellow, The University of Melbourne
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Honorary Professor – Housing Policy and Practice, City Futures Research Centre, UNSW Sydney
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Emeritus Professor of Housing and Housing Studies, RMIT University
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Research Fellow, Cities Research Institute, Griffith University
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Housing Policy Researcher, Expert Advisor, Housing Assessment Resource Tools and Adjunct Professor, L’Université d’Ottawa/University of Ottawa
