A poster highlighting rising rental costs due to gentrification in Hackney, London. Gentrification often results in the dislocation of marginalized communities who can no longer afford to live in their communities.
Gentrification is often used to describe the economic impacts of urban development. However, racialized communities in particular disproportionately feel its detrimental impacts.
Reserve Bank of Australia governor Philip Lowe is unrepentant about the prospect of further interest-rate rises. In fact, he says there’s a risk the bank is not doing enough.
A new act in Canada bans non-citizens, non-permanent residents and foreign commercial enterprises from buying Canadian residential properties.
Since foreign owners only represent a tiny segment of the housing market, it’s unlikely that Canada’s new ban on foreign homebuyers will make homes more affordable for Canadians.
Past claims about the costs of 5-star and then 6-star home energy ratings were overblown. We are hearing similar claims about the new 7-star standard, but good design makes it a good deal for owners.
Relaxing restrictions on small and non-traditional houses can help to increase the supply of affordable rental housing.
The proportion of people actually living in tiny houses hasn’t been increasing but the movement has prompted debate about living smaller and more sustainably.
A mural by Amanda Newman in Northcote, Melbourne, depicts Ai Fen, a Wuhan Central Hospital doctor who was reprimanded for raising the alarm about COVID-19 in December 2019.
Photo: Carl Grodach
The inner suburbs are home to large numbers of workers in jobs vulnerable to the pandemic. If they’re forced to seek cheaper housing in outer suburbs, the urban divide will widen.
The imperative to keep a roof over our head keeps us wedded to economic growth. If we want to halt climate change, we need another way
A pedestrian walks past graffiti in Seattle’s Capitol Hill neighborhood.
AP Photo/Ted S. Warren
Even as Americans are all told to remain at home, millions are now unemployed and must scramble to figure out how to pay for that home.
More older Australians are carrying housing debt later in life, or not owning homes at all, but lack suitable alternatives to the family home. The result is lower incomes in retirement.
The damaging effects of housing disadvantage on people’s mental health can persist even years after their housing situation improves.
The difficulties for people facing housing disadvantage don’t end as soon as their situation improves. They are at higher risk of poorer mental health years or even decades later.
The apartment complex in Erskineville, Sydney, that is abandoned due to fears the homes are on contaminated ground.
Hundreds of thousands of Australians are forced into inadequate or unhealthy housing by high housing costs.
Some children in New Zealand live in such hardship that they don’t have a good pair of shoes and have to put up with feeling cold.
The New Zealand government has set targets for reducing child poverty, but with hundreds of thousands of children living in poverty, this goal remains a challenge.
Although tiny houses take many forms, most are situated in rural or semi-rural areas.
Tiny houses aren’t for everyone, but most people who live in them are positive about the experience. Yet planning laws still make this way of life harder and less secure than it could be.
The housing boom increased wealth gains for affluent households while rising housing costs undermined income gains for less affluent households.
The Productivity Commission neglected the impact of housing costs. After allowing for these costs, the top 10% of households’ average disposable income grew at 2.7 times the rate of the bottom 10%.
Housing and Urban Development Secretary Ben Carson argues his housing reforms would increase self-sufficiency.
AP Photo/Pablo Martinez Monsivais
The administration’s proposed changes to a decades-old housing program supporting the poorest Americans would jack up rents and deepen poverty in the US.
The events of summer 2011 proved that Israel incubates the same sort of socio-economic discontent that upended the wider Middle East.
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.
A tiny house in the backyard appeals to some as a solution that offers both affordability and sustainability.
Think Out Loud/flick
New research has found a marked increase in people, particularly among women over 50, who are building or want to build a tiny house. However, inflexible planning rules often stand in their way.
Add up all the neglected costs of downsizing and retirees have good reason to be wary of making the move.
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Retirees are often urged to downsize to free up suburban properties for the next generation and for higher-density development. What’s being ignored is the costs of moving into a unit or apartment.