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Local councils across Australia are concerned about a shortage of affordable housing, but feel the problem is beyond local government’s capacity to solve. Dave Hunt/AAP

Local councils put affordable housing supply in the too hard basket

A national survey shows councils know much of the housing in their local areas isn’t affordable. But providing affordable housing is not a priority because they see it as being beyond their means.
Converting existing larger homes into smaller units could provide options for older people wanting to stay in their neighbourhood. from www.shutterstock.com

Flatting in retirement: how to provide suitable and affordable housing for ageing people

As the number of older people is expected to double by 2050 in most countries, architects are exploring how existing housing stocks could be turned into affordable shared retirement homes.
If you want to separate investor demand for property assets from demand for affordable housing, rent is a better indicator than property prices. James Ross/AAP

Rents, not prices, are best to assess housing supply and demand

Property prices have soared in the past decade, but much more modest increases in rent, with the exception of Sydney, suggest less of an imbalance of supply and demand for housing as a place to live.

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