The cost of borrowing for a home has fallen in recent months, despite repeated increases of the benchmark interest rate. An economist explains the seeming paradox.
What happens when you owe more on your mortgage than your house is worth? Negative equity is a growing concern for some homeowners, but how real are the risks?
Both major parties have policies aimed at helping low and middle income earners buy homes. But they’re both stopgap solutions – and too many buyers, renters and even investors will pay the price.
In Norway, Sweden, Finland and Denmark, housing co-operatives help both renters and those wanting to own a secure, high-quality home. Better housing options for Australia are waiting in plain sight.
Canadians need to take steps to better address the financial insecurity of seniors. Otherwise, Canada may encounter a growing tide of desperate seniors in the near future.
Building retrofits are no joke: They make dwellings healthier and more energy-efficient. And when they’re done in low-income housing, they also reduce inequality.
Understanding the experiences of van dwellers is important not just for those looking to cut their ties to rents and mortgages, but also for community planners and employers.
Older women have been the fastest-growing group of homeless people in recent years. New research shows about 240,000 women aged 55 or older and another 165,000 women aged 45-54 are at risk.
Voters who own housing are strongly invested in increasing the value of their wealth-generating assets. And they strongly favour the Coalition, which knows to protect their interests.
Public housing renewal often aims for a 70:30 private-public mix of dwellings. Modelling shows applying this mix to Waterloo housing estate would cut the suburb’s social housing share from 30% to 17%.
Professor; School of Economics, Finance and Property, and Director, Australian Housing and Urban Research Institute, Curtin Research Centre, Curtin University