Over the past year, there has been a surge of enthusiasm in Australia for developing a sector of large-scale institutional landlords.
AAP/David Crosling
There is a risk that affordable housing policy may be colonised by for-profit interests if Australia imports the wrong rental housing ideas from overseas.
Between 1982 and 2013, the share of home owners among 25-34 year olds shrunk, by more than 20%. On the other hand, the share of home owners among those aged 65+ years has risen slightly.
Perceptions of the levels of both income and wealth inequality are derived from our day-to-day experiences.
AAP/Dean Lewins
If the gap between the wealth of the billionaires and that of the average residents continues to widen dramatically, there is likely to be discontent.
It is not well appreciated that the requirements of affordable housing are related to – but not the same as – those for housing affordability.
AAP/Sam Mooy
The promotion of home ownership as a way of funding care in later life is part of a broader policy trend toward making people individually responsible for the opportunities they have.
The ABS estimates that as of December 2016, the Australian population was around 24.4 million.
AAP/Alan Porritt
Justifying Sydney’s ranking as a liveable city requires greater recognition of the inequality of Sydneysiders’ access to jobs, wealth, transport and housing.
Are the millennials doomed to be nomads, locked out of the home-ownership market forever?
sharon_k/flickr
Owning a home has deep cultural and economic connotations. A home owner is a member of a street, a community. They are a successful adult human. They own a piece of the pie, the dream.
Not all renters will be able to become – or want to become – home owners.
AAP/Mick Tsikas
Think it’s hard for first-home buyers? Ask people with an intellectual disability about it.
Parents are recycling large amounts of housing wealth to the next generation through intergenerational transfers.
Image sources from www.shutterstock.com
Any attempt to improve security for tenants should not deprive them, or their landlords, of the flexibility that many also want. The key problem is landlords’ ability to give notice without a reason.
Shared ownership schemes can unlock access to suitable housing, although these are less common in Australia than overseas. And most are not specifically tailored for people with disability.
Without long-term solutions to the imbalance between incomes and house prices, Gen Ys face a lifetime of renting without the financial and emotional security of home ownership.
Wall to wall coverage. Mortgage advertising has a new pitchman.
Angélica Portales/Flickr
Professor; School of Economics, Finance and Property, and Director, Australian Housing and Urban Research Institute, Curtin Research Centre, Curtin University