As well as the added costs of upgrades and options that the marketing glosses over, people need to consider five other sources of cost blow-outs when building a home.
In most other countries around the world, sellers don’t have to foot the bill for advertising their properties. Could the extra costs Australians pay have economic effects?
While price is important, it’s not the only thing that matters in clinching a deal. Buyers can do a number of things to improve their chances of securing a property.
The number of active short-term rental listings is a small fraction of the total number of dwellings in Australia – and many listings are not in the city areas of great housing need.
A buyer could have to pay GST on a ‘substantially renovated’ home, but there’s often uncertainty about whether a renovation counts as substantial or not. A simple test could resolve the issue.
Without innovation in all five building phases, the industry won’t have the capacity to meet market demands or to deliver the social and affordable housing the government is promising.
Canadian universities host thousands of international students, many of whom come from India. While all these students need housing, many face discrimination in the rental market.
It’s often claimed that reforming tenancy laws to better protect tenants will drive landlords out of the market, leading to fewer rental properties. A new study finds no evidence to support the claim.
Wendy Stone, Swinburne University of Technology; Andrew Peters, Swinburne University of Technology; Piret Veeroja, Swinburne University of Technology, and Zoe Goodall, Swinburne University of Technology
New research shows discrimination against Aboriginal Victorians in the private rental housing market is systemic, but there are solutions.
While the Productivity Commission’s critique of the national housing agreement is justified, its faith in the market is not. The Albanese government is right to invest in building social housing.
Professor; School of Economics, Finance and Property, and Director, Australian Housing and Urban Research Institute, Curtin Research Centre, Curtin University