Local councils across Australia are concerned about a shortage of affordable housing, but feel the problem is beyond local government’s capacity to solve.
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.
If you want to separate investor demand for property assets from demand for affordable housing, rent is a better indicator than property prices.
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.
Only in the past couple of years has housing construction got close to matching population growth in Sydney and other big cities.
Migrants have similar home ownership rates to the overall population and rely less on public housing. But housing supply shortfalls and higher prices have reduced ownership among recent migrants.
The rise in new housing in Australia is outpacing population growth.
Brendan Esposito/AAP One
It's said Australia's housing affordability problem is the result of new housing stock not keeping pace with population growth. But there is actually enough housing, so why can't the poor afford it?
Gradually reducing stamp duty and negative gearing would minimise the impact on investors.
Housing affordability has declined significantly over the past few decades. Slowly reducing negative gearing and capital gains, and switching to property taxes, could reverse this trend.
The problem of having jobs on one side of the latte line and housing growth on the other is driving the Greater Sydney Commission’s plans for the city.
In Sydney, a 'latte line', that runs from the airport to Parramatta and up to the northwest, divides white-collar jobs from blue-collar jobs. This perpetuates inequality.
Will Sydney’s property market calm down now? Don’t bet on it.
AAP Image/Joel Carrett
Foreign investment in Australian property has plummeted by more than half, signalling an apparent end to the China-fuelled real estate frenzy. Along the way we learned some useful lessons about boom and bust.
Housing is just one of the essentials in household budgets and it’s when there’s no way to manage all these costs that financial stress really sets in.
Housing affordability is one of Australia’s great unsolved problems. Some households can make adjustments to cover high housing costs, but the ones deprived of essentials are under real stress.
Highly inflated house prices are more concerning to people wishing to move from renting to purchasing a house (mostly potential first home buyers).
Even though house prices have risen substantially over recent decades, housing affordability for those with mortgages or own their houses outright hasn't worsened
Solar panels being installed in new housing under construction in Sacramento, Calif.
AP Photo/Rich Pedroncelli
Environmentalists and climate hawks are cheering, but many experts aren't excited about the state making rooftop solar panels mandatory on most new homes beginning in 2020.
The argument that stronger supply will deliver more affordable housing isn’t borne out in areas where new unit and apartment construction is booming.
The clichés about housing supply and regulatory restraints are distractions from the need to focus on expanding the affordable housing sector to directly meet the needs of low-income households.
State and local governments should change planning rules to allow more medium-density housing.
Zoning restrictions added A$489,000 to the price of a detached house in Sydney, A$324,000 in Melbourne, A$159,000 in Brisbane, and A$206,000 in Perth.
In the past, house building matched high immigration. Construction has increased, particularly in Sydney, but needs to make up the backlog of a decade of undersupply.
Australian governments are faced with a choice: make the difficult decisions to fix planning systems so more houses can be built, or tap the brakes on Australia's migrant intake.
New affordable housing development in Melbourne.
Ryan van den Nouwelant
Based on research comparing projects across the country, a new assessment tool calculates cost-effective ways to fund affordable housing to meet specified needs in different markets.
Nurses who care for people in the city can’t afford a property anywhere near their place of work.
People on moderate incomes, including police and emergency workers, have been forced to seek housing on the city fringes, far from their places of work. But there are ways to reverse this trend.
Politics Podcast: Brian Howe on Revisiting Henderson, Poverty and Basic Income.
CC BY 35.4 MB (download)
Brian Howe says the targeted nature of Australia's social security system goes hand-in-hand with stigmatising welfare recipients.
Assistant Treasurer Michael Sukkar has confirmed investments in affordable housing will be backed by a government guarantee.
The Australian government has at last taken the lead in affordable housing policy with a package of measures that should attract institutional investors hungry for low-risk returns.
Middle-class homeowners need credits, not deductions.
Rather than tinkering with the deduction, Republicans should get rid of it altogether and replace it with something that would actually help more Americans afford a home.
Why has B.C. become home to Canada’s most vibrant news ecosystem? Credit the wellspring of creativity here — the province’s beauty and potential has long attracted change-makers.
A good news story about the news? It's true. In British Columbia, a digital news ecology is flowering through ‘coopetition’ – as Media Democracy Day will soon showcase.
The ageing population is one factor in increasing numbers of people living alone, and innovative and inclusive responses are needed.
Living and dying alone presents many challenges for cities, and we'll need more than technology to meet these. Only an inclusive, innovative response can deliver the essential element of human care.