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Articles on Unaffordable housing

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Are the millennials doomed to be nomads, locked out of the home-ownership market forever? sharon_k/flickr

Off the plan: shelter, the future and the problems in between

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.
Migrants can no longer afford to live in the ‘gateway’ suburbs that once helped them to leave the ranks of the ‘disadvantaged’ and feel at home in their new country. Jack Wright/flickr

New to Australia? Good luck! Migrants can no longer afford ‘gateway’ suburbs

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.
Despite all the proposals to combat housing affordability, Scott Morrison will need to make hard political decisions on policies that will actually make a difference. Lukas Coch/AAP

The latest ideas to use super to buy homes are still bad ideas

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.
To meet the needs of lower-income households, housing should be both affordable and located near public transport and other services. Graeme Bartlett/Wikimedia

What a difference a month makes, but Victoria can still do more to get housing and planning right

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?
Generation X and Y are equally, if not more aggressive than baby boomers when investing in property. Chris Devers/Flickr

Business Briefing: how the attitudes of the next generation are changing the property market

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.
Scott Morrison has recently broadened the range of affordable housing policy options he’s considering, and moving beyond simplistic supply-side solutions would be a positive development. Mick Tsikas/AAP

Australia’s almost a world leader in home building, so that isn’t a fix for affordability

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.
The homeless people evicted from Flinders Street in Melbourne’s CBD are only the tip of the iceberg of the housing crisis in Victoria. Joe Castro/AAP

States drag feet on affordable housing, with Victoria the worst

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.
To understand how households cope, we may need to look beneath broad patterns of affordability to the interplay of housing costs with other problems. IDuke/Wikimedia Commons

Housing affordability problems might not be all bad

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.
As well as meeting his UK counterpart, Philip Hammond (flanked by Australian High Commissioner Alexander Downer), Scott Morrison has been talking with UK housing finance experts. Will Oliver/EPA

Sensible reform to finance affordable housing deserves cross-party support

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 housing affordability crisis isn’t limited to the big cities – the Tweed Heads area, for instance, is rated worse than Melbourne in the latest survey. AAP

A housing affordability crisis in regional Australia? Yes, and here’s why

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.
NSW Premier Gladys Berejiklian needs to shed the Treasury view of housing construction as a silver bullet and back former premier Mike Baird’s social and affordable housing program. Nikki Short/AAP

If you’re serious about affordable Sydney housing, Premier, here’s a must-do list

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.
The increasing proportion of children living in housing-related poverty confronts us with the question: what will we do about it? Ollyy/shutterstock.com

Rental housing policies trap children in poverty, so how low will we go?

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?
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.
A national housing policy is needed that recognises how all the sectors – buying, renting, investing, social housing or homeless – are connected. AAP/Paul Miller

Our cities will stop working without a decent national housing policy

A decent national housing policy is not just about the million or so Australians who are in housing need, marginal housing or homeless. In reality, all the housing sectors are connected.
A key problem with working out the impacts of negative gearing is that we don’t know exactly which properties it affects or the status of their tenants. AAP/Dan Peled

Scrap or preserve negative gearing? Here’s six other options worth debating

What if there was a middle option between retention and abolition that made negative gearing work better? There are multiple ways to improve accountability for this $8 billion-a-year tax concession.

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