Almost nowhere in our capital cities can low-income households – and those on average incomes in Sydney – afford the median rent. Mapping rental vulnerability finds it in regional areas too.
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Articles on Housing
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Data on housing supply in Australia’s capital shows that while it’s increasing in areas with lots of jobs, house prices are too high for those who might want to move for work.
Australia has few places to capture the spill-over of talented workers priced out of the big cities. Some may leave the country altogether – and where talent goes, capital flows.
The budget is pushing for a much-needed reboot of the social housing sector. What it isn’t offering is extra funding to renew and expand run-down housing stocks.
The budget acknowledges the crisis of affordability for first home buyers, but fails to do enough about demand pressures on prices to put home ownership back within their reach.
For the majority of Australia’s renters, housing will remain unaffordable, insecure, and out of reach following the 2017-18 federal budget.
The bond aggregator by itself cannot create a housing development pipeline. It needs co-investment from government to make it feasible.
Could building small affordable dwellings be a part of the solution?
Australians are in favour of housing affordability changes that the government still doesn’t support, an ANU poll shows.
The political legacy of Abbott’s broken promises contributed to Malcolm Turnbull’s near-death experience at last July’s federal election. ThisTurnbull government budget will be largely about burying the legacy of its predecessor.
When people do downsize, financial incentives are generally not the big things on their minds. And so most of the budget’s financial incentives will go to those who were going to downsize anyway.
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?
Chinese real estate investors might be more interested in investing in their homeland rather than Australia, given the changing market and regulations.
There’s been quite a bit of speculation over whether Australia has a property market bubble - where house prices are over-inflated compared to a benchmark - and when it might burst. According to housing…
Only a small proportion of housing is affordable for low-income earners, while people on Newstart or Youth Allowance don’t have any affordable options at all.
The soaring cost of housing has helped make capital ownership more profitable than work.
Any significant decline in home ownership or equity in a home impacts higher care needs: older people will not have an asset to sell to fund the bonds required to enter aged care accommodation.
It’s not the first time Australia has grappled with concerns about affordable housing. History offers insights that can help inform contemporary debates and policies.
There are many hidden costs and inefficiencies in housing markets. Blockchain is poised to transform that.
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.
Top contributors
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ARC Future Fellow & Professor of Economics, Curtin University
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Professor of Housing Research and Policy, and Associate Director, City Futures Research Centre, UNSW Sydney
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Head of Urbanism and Associate Professor of Urban Studies, School of Architecture, Design and Planning, University of Sydney
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Program Director, Economic Policy, Grattan Institute
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Professor; School of Economics, Finance and Property, and Director, Australian Housing and Urban Research Institute, Curtin Research Centre, Curtin University
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Professor of Urban and Regional Planning, University of Sydney
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Senior Research Fellow, City Futures Research Centre, UNSW Sydney
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Associate Professor, School of Property, Construction and Project Management, RMIT University
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Emeritus Professor of Housing and Housing Studies, RMIT University
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Emeritus Professor, University of Sydney
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Professor of Housing Research, University of Adelaide
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Alan Morris is a Friend of The Conversation.
Professor, Institute for Public Policy and Governance, University of Technology Sydney
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Professiorial Fellow, The University of Melbourne
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Professor of Social Epidemiology and Director of the Centre of Research Excellence in Healthy Housing at the Melbourne School of Population and Global Health, The University of Melbourne
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Visiting Fellow, Crawford School of Public Policy, Australian National University
