The $10 billion fund will provide only $450 million for social housing per year, and less when markets turn down, but such funds can make financial sense.
The Grattan Institute is proposing a $20 billion fund managed by the Future Fund Board of Guardians which, if matched by the states, would fund 6,000 new places per year.
The government has long promoted the idea that we can build our way out of the housing crisis. Startling numbers of empty homes suggest the problem isn’t one of scarcity but affordability
One quarter of monitored social housing properties recorded winter temperatures below World Health Organisation standards for more than 80% of winter, new research shows.
The pledge to build 30,000 homes over the next five years exposes the government’s inaction, but it’s still only a fraction of the number Australians need.
JobKeeper, the COVID boost to JobSeeker, and moratoriums on rent increases and evictions all ended this month. Only smarter policies will prevent homelessness, as a landmark Victorian report explains.
Despite millions of free homes built since 1994, spatial inequality in South Africa remains high. A study evaluating a programme to boost rentals in well-located areas found mixed results, however.
In both London and Liverpool – two extremes of Britain’s polarised housing market – activists have been busy re-imagining the future of public housing.
Analysis of online listings on common online platforms shows even modest reductions in Airbnb listings increased supply of longer-term rentals. The result was lower local rents.
The shortfall of social housing has built up over decades. Even after the building program is complete, the gap between housing supply and the numbers on waiting lists will still be huge.
Current housing stimulus measures aim to boost buyer demand and are too small to sustain a recovery. A second round of stimulus is likely to be needed, and it should go into social housing supply.
Donald Trump has accused the Democrats of wanting to “abolish” and “destroy” the suburbs through a regulation aimed at diversifying housing, a claim unsupported by the facts.
Professor; School of Economics, Finance and Property, and Director, Australian Housing and Urban Research Institute, Curtin Research Centre, Curtin University