New research finds a state of confusion when it comes to Australian government policymaking on housing, despite its huge economic and social significance.
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Articles on Unaffordable housing
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New research shows the actual returns on equity for housing investors are higher than most people realise. This helps explain why investors are able to out-compete other home buyers.
Private renters' security of tenure in Australia has less legal protection than in other countries with high private rental rates. A new study reveals mixed responses to this state of uncertainty.
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.
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.
Who is entitled to the increase in value created by planning approvals, new infrastructure, population growth or urban development? For John Stuart Mill, the answer would have been the community.
Owning a home has deep cultural and economic connotations. A home owner is a member of a street, a community. They are a successful adult human. They own a piece of the pie, the dream.
With the winding back of government support for housing, 'gateway' suburbs that have in the past accepted and supported recent immigrants are becoming increasingly unaffordable.
The latest thought bubbles about using super savings for housing might be less harmful than in the past, but they would be just as ineffective.
Victoria has been lagging behind other states in developing an affordable housing strategy. Now that one has been released, how well does it meet the needs of households on lower incomes?
Business Briefing: how the attitudes of the next generation are changing the property market.
The Conversation18.5 MB (download)
There's been a shift in attitudes to the property market over generations, from owning a home as a right, to owning a home as a commodity.
The housing supply solution our leaders are advocating will only work if affordability is simply a problem of supply. In fact, Australia is almost a world leader in rates of new housing production.
Weak state policies, which lack clear targets and mechanisms for providing more and better affordable housing, are part of the problem. Victoria still doesn't have an affordable housing strategy.
Housing affordability is often not the only problem households face. More often the compounding effects of multiple problems leave people unable to cope, which is why one solution won't work for all.
Scott Morrison has been exploring a UK model for channelling investment via a specialist financial intermediary into new affordable housing provided by landlords with a social purpose. It makes sense.
The affordability crisis in regional Australia has a long history. In some places the problem is even worse for residents than in the capital cities.
The new NSW premier is right to identify housing affordability as a priority for the people and economy of Sydney. It's not just housing supply that's the problem – action is needed on many fronts.
Many children are living in low-income families that struggle to pay the rent to keep a roof over their heads. Unaffordable housing is fuelling childhood poverty, so where is the policy response?
Clue: the UK needs to get over its obsession with home ownership.
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.
Top contributors
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Professor of Housing Research and Policy, and Associate Director, City Futures Research Centre, UNSW
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Professor of Urban and Regional Planning, University of Sydney
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Professor of Economics, School of Economics, Finance and Property, Curtin University
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Professor of Housing Research and Deputy Director of the NHMRC Centre of Excellence for Healthy Housing, University of Adelaide
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John Daley is a Friend of The Conversation.
Senior Fellow, Grattan Institute
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Professor of Urban Policy and Director, Centre for Urban Research, RMIT University
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Professor of Housing & Social Policy, Centre for Urban Transitions, Swinburne University of Technology
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Adjunct Professor, Department of Geography, Environments, Geomatics, L’Université d’Ottawa/University of Ottawa
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Peter Phibbs is a Friend of The Conversation.
Director, Henry Halloran Trust, University of Sydney
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Professor of Law, University of Texas at Austin
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Program Director, Household Finances, Grattan Institute
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Professor of Social Epidemiology, Principal Research Fellow in Social Epidemiology and Director of the Centre for Research Excellence in Healthy Housing in Melbourne School of Population and Global Health, The University of Melbourne
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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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Lecturer in Urban Infrastructure and Policy, UCL
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Research Professor, Centre for Urban Transitions, Swinburne University of Technology
