Increasingly insecure pathways to home ownership are not just a problem for property markets. The fallout is likely to hit retirement incomes, the welfare base, gender equity and the broader economy.
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.
Based on research comparing projects across the country, a new assessment tool calculates cost-effective ways to fund affordable housing to meet specified needs in different markets.
People on moderate incomes, including police and emergency workers, have been forced to seek housing on the city fringes, far from their places of work. But there are ways to reverse this trend.
Concerns about foreign investors driving up housing prices have been growing. Australia was first to bar foreign purchases of existing residential property, but New Zealand is set to go further.
Yet again the evidence shows supply is no cure-all for affordable housing. All levels of government in Australia need to concentrate on housing for low-income renters in particular.
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.
The inexorable logic of the market will create suburban concentrations of lower-income households on a scale hitherto only experienced in the legacy inner-city high-rise public housing estates.
The housing market is too volatile to look at prices alone. If you want to understand the housing market you need to look at the wider economy.
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.
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.
In a market already tilted in favour of landlords, these apps could further push up prices.
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.
The housing affordability measures in this budget involve not much more than tinkering.
Only a small proportion of housing is affordable for low-income earners, while people on Newstart or Youth Allowance don't have any affordable options at all.
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.
We now value the house as a wealth builder, not just a place to live in and raise a family. The result is a distorted investment market that makes home ownership and rental unaffordable.
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.
Generation Rent may force a complete rethinking of home ownership as a basis of our housing systems. Rather than representing security, these housing markets make us vulnerable.