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Articles on Housing costs

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The housing boom increased wealth gains for affluent households while rising housing costs undermined income gains for less affluent households. Sam Mooy/AAP

How the housing boom has driven rising inequality

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%.
A tiny house in the backyard appeals to some as a solution that offers both affordability and sustainability. Think Out Loud/flick

Interest in tiny houses is growing, so who wants them and why?

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. wavebreakmedia from www.shutterstock.com

Downsizing cost trap awaits retirees – five reasons to be wary

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.
Margaret Morton’s photographs of the homeless highlighted their makeshift dwellings as symbols of creativity and resourcefulness. © Margaret Morton

How the homeless create homes

Even though they don’t consistently have a roof over their heads, the homeless do their best to create a routine, form communities and make a home – just like the rest of society.
How much of co-housing is shared space is up to residents.

Co-housing works well for older people, once they get past the image problem

Older Australians are keenly aware of the housing challenges they face, but most are wary of co-housing due to the negative associations of shared living spaces.
Low-cost housing development on the city outskirts can expose owners to higher costs in the long run. Paul Miller/AAP

Affordable housing is not just about the purchase price

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?
The growing numbers of pensioners in private rental accommodation use much of their income to pay for housing. Alan Porritt/AAP

Why secure and affordable housing is an increasing worry for age pensioners

For the increasing proportion of people living in private rental accommodation who can expect to be dependent on the age pension, the prospects of financial and housing insecurity are grim.
The issue of child poverty and its links to housing costs are not widely acknowledged in Australia. from www.shutterstock.com

By 2030, ‘no Australian child will be living in poverty’ – why can’t we promise that?

Income poverty statistics tell us relatively little about why Australian children live in poverty, or how to alleviate it. But housing plays a critical part in the problem.
On average, Gen Ys are $50,000 short of the deposit they expect they’ll need to buy their first home. Lolostock from www.shutterstock.com

What’s the key to home ownership for Gen Y?

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.
Almost one in three older Australians would like to downsize to reduce the demands of maintaining their garden, but many can’t find alternative homes to suit their needs. Pierdelune from www.shutterstock.com

Lack of housing choice frustrates would-be downsizers

Australia’s housing stock is not meeting the demands of older Australians, according to a new report.

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