Limiting or scrapping negative gearing and the capital gains tax discount would help take the heat out of the market and give the government much more money to invest in social housing.
Governments’ policy inaction and complacency bear much of the blame for the lack of affordable housing. But a new report detects signs of hope in Queensland.
Sydney emerges as the most segregated of our biggest capital cities, and the trend will continue without broad changes in government policy and investment.
Despite different theories, there is no simple answer to whether prospective home buyers are better off buying before or after the expected interest rate drop in the next year.
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.
COVID-19 halted immigration and housing affordability got much worse. We’d feel the impacts of internal migration and undersupply of affordable housing even if we again blocked migrants from overseas.
Peter Martin, Crawford School of Public Policy, Australian National University
The good news includes a return to real wage growth and a restrained increase in unemployment. The bad news includes even higher home prices and a per-capita recession.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 29-member panel expects very weak economic growth and recessions in much of the rest of the world, but there’s good news down the track for Australians’ buying power.
A longtime critic of Atlanta’s BeltLine explains how the popular network of parks has increased inequality in the city and driven out lower-income residents.
Miami is often held up as an example of ‘climate gentrification.’ But a closer look finds a bigger driver of flashy new developments in low-income neighborhoods.
The main driver of homelessness in Australia is housing costs – post-COVID rents, house prices and interest rates are all much higher. To house everyone, the housing system needs a major overhaul.
Matthew E. Kahn, USC Dornsife College of Letters, Arts and Sciences
Private companies rate all kinds of investments, from stocks to used cars. Now, they’re starting to analyze climate risks to local real estate – but how reliable are their findings?
Unconventional policies can be used to alleviate — instead of exacerbate — inequality, something Canadians are clamouring for. The Bank of Canada needs to rediscover its former innovation zeal.
Ilan Wiesel, The University of Melbourne; Liss Ralston, Swinburne University of Technology, and Wendy Stone, Swinburne University of Technology
You’d think falling housing prices might help people on low incomes, but history shows downturns often increase inequality. And many buyers who took out big loans during the housing boom are at risk.