
Oliver Frankel
Oliver Frankel is a former corporate finance and M&A lawyer, who has spent the second half of his career in finance, investment and management. Most recently, he has taken a strong interest in how to address the affordable housing crisis.
Oliver's recent articles
17 February 2017
OLIVER FRANKEL. Making housing affordable. Vancouvers new Empty Homes Tax
Vancouvers response to the housing affordability crisis, now includes a new Empty Homes Tax at 1% per annum of the value of each empty home covered. Australian reports suggest that there may be 90,000 empty dwellings in Sydney and 83,000 in Melbourne.
2 February 2017
OLIVER FRANKEL. Focusing on supply only will not solve the affordable housing crisis
There is now widespread recognition in the echelons of government, both Federal and State, that we face an affordable housing crisis. However, there is still no consensus about how to solve it. The Coalition insists the problem can be fixed by bringing on more supply. Labor regards a supply only market-based approach as too simplistic, and accepts the need also to address demand-side management, including through reform of negative gearing.
23 January 2017
OLIVER FRANKEL. Sydney second to Hong Kong in housing unaffordability
Demographia Internationals latest (13th) annual International Housing Affordability Survey provides yet more evidence of the burning issue of housing affordability in Australia, particularly in our largest cities. Sydney ranks second most unaffordable, and Melbourne is only a few places behind that.
19 January 2017
OLIVER FRANKEL. Short-term leases salt in the wounds of unaffordability for long-term renters
An increasing number of Australians are being forced into long-term rental accommodation, unable to afford the prohibitive and ever-increasing cost of home ownership. In the private rental market, heavily debt-laden, individual landlords are the norm. Their short-term investment outlook deprives renters seeking security of tenure of the ability to achieve it. For tenants struggling with affordability, this is salt in their wounds.
28 December 2016
OLIVER FRANKEL. Sharing our space (Part 2) implications for housing affordability
Sharing our space undoubtedly makes accommodation more affordable for those willing to share, albeit with some sacrifice in privacy.
27 December 2016
OLIVER FRANKEL. Sharing our space (Part 1) - the sharing economy and beyond
Part 1 - Part 2 will be published tomorrow. Space sharing is an important part of the fast-growing sharing economy. New co-living paradigms are emerging which could have significant implications for the way we live and the type of housing we need. ...One of the main applications of the sharing economy is in accommodation, particularly for holiday/travel and student share housing.
27 December 2016
OLIVER FRANKEL. Exploiting our under-used housing capacity a way to ease the affordable housing crisis
The substantial under-used capacity within our existing residential built environment offers a quick, and capital light, opportunity to ease the affordable housing crisis. ... There are an estimated 90,000 properties empty in Sydney and 83,000 in Melbourne.
5 December 2016
OLIVER FRANKEL. When does housing become unaffordable?
Affordable housing has become one of the most hotly debated social problems of our time, yet there is no consensus on how to identify when it exists, let alone its root causes and how to fix it.