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Articles on Housing supply

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Around one in seven Australia households either cannot get into housing at market rates or are struggling to pay the rent. shutterstock

Affordable housing shortfall leaves 1.3m households in need and rising – study

One in seven Australian households is in a state of housing need. A shortfall in social housing supply means some are locked out of the market and others pay much more for rent than they can afford.
Most Sydneysiders are concerned about the effects of foreign investment on the local real estate market. Dave Hunt/AAP

Sydneysiders blame foreign investors for high housing prices – survey

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.
Having embraced expert advice on bond aggregation to finance housing, Scott Morrison needs to ensure the Commonwealth commits to long-term investment and cooperation. Julian Smith/AAP

Bond aggregator helps build a more virtuous circle of housing investment

The bond aggregator by itself cannot create a housing development pipeline. It needs co-investment from government to make it feasible.
Low-cost housing development on the city outskirts can expose owners to higher costs in the long run. Paul Miller/AAP

Affordable housing is not just about the purchase price

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?
Treasurer Scott Morrison is eyeing bond aggregation as a way to finance social housing, but government funding is still needed under that model. Mick Tsikas/AAP

Affordable housing, finger-pointing politics and possible policy solutions

In the second part of our review of what The Conversation experts have to say about housing, we focus on affordability, social housing and what government can do about a growing crisis.
The Turnbull government’s line that supply is the key to affordability finds little support among housing experts. Dan Himbrechts/AAP

What housing issues should the budget tackle? This is what our experts say

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.
Generation X and Y are equally, if not more aggressive than baby boomers when investing in property. Chris Devers/Flickr

Business Briefing: how the attitudes of the next generation are changing the property market

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.
Scott Morrison has recently broadened the range of affordable housing policy options he’s considering, and moving beyond simplistic supply-side solutions would be a positive development. Mick Tsikas/AAP

Australia’s almost a world leader in home building, so that isn’t a fix for affordability

The housing supply solution our leaders are advocating will only work if affordability is simply a problem of supply. In fact, Australia is almost a world leader in rates of new housing production.
NSW Premier Gladys Berejiklian needs to shed the Treasury view of housing construction as a silver bullet and back former premier Mike Baird’s social and affordable housing program. Nikki Short/AAP

If you’re serious about affordable Sydney housing, Premier, here’s a must-do list

The new NSW premier is right to identify housing affordability as a priority for the people and economy of Sydney. It’s not just housing supply that’s the problem – action is needed on many fronts.
The government has changed the rules so that another foreign investor can replace one who has pulled out of buying an off-the-plan dwelling. Mick Tsikas/AAP

Changes for off-the-plan foreign buyers rely on a broken supply argument

The government says its changes to foreign investment will increase housing supply and make it more affordable, but that’s relying on narrow and possibly incorrect assumptions about investors.
The problem with the current rezoning approach is that it leads to huge windfall profits and developments aimed at the upper end of the market. AAP

Sydney needs higher affordable housing targets

The community needs affordable housing and that requires meaningful targets for new developments. The only ones who will lose out are landholders who make windfall profits from rezoning.
Only Tasmania and South Australia have introduced legislation that provides for minimum standards in rental properties. Huguette Roe from www.shutterstock.com

Dickensian approach to residential tenants lingers in Australian law

With tenancy laws under review, a ruling that landlords must maintain residential premises in good repair even if dilapidated is hailed as a ‘landmark’ decision. That tells us reform is needed.
The rear of 30-32 Oxford Street, an area of Sydney affected by an outbreak of bubonic plague in 1900. Wikimedia/NSW State Archives

Why 100 years without slum housing in Australia is coming to an end

New research finds almost a million Australians are living in poor or very poor-quality housing, with more than 100,000 in dwellings regarded as very poor or derelict.
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.
A key problem with working out the impacts of negative gearing is that we don’t know exactly which properties it affects or the status of their tenants. AAP/Dan Peled

Scrap or preserve negative gearing? Here’s six other options worth debating

What if there was a middle option between retention and abolition that made negative gearing work better? There are multiple ways to improve accountability for this $8 billion-a-year tax concession.

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