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Category Archives: SERIES: Making housing affordable
Housing affordability was to be a key focus of the Government in this year’s federal budget, according to the ‘nods and winks’ that traditionally precede the Treasurer’s budget speech. A journalist who has often been privy to the thinking of … Continue reading
Making Housing Affordable Series. HAL PAWSON. Can Institutional Funding be Channelled into Rental Housing?
Channelling institutional finance into affordable rental housing has long been a ‘holy grail’ urban policy aspiration. Recent developments suggest that this may be edging towards reality.
Making Housing Affordable Series. SAUL ESLAKE. The causes and effects of the housing affordability crisis, and what can and should be done about it.
Treasurer Scott Morrison is right in saying that “there are no single or easy solutions” – even though he (and others on his side of politics) tend to ignore this advice in emphasising ‘supply-side solutions’ and decrying any suggestion of … Continue reading
Making Housing Affordable Series. PETER PHIBBS. The politics of property and the role of urban planning
The narrative provided by the property industry and by some politicians is that the planning system creates large bottlenecks to more supply. Yet the reality is that we have been generating record levels of supply in Australia in recent years. … Continue reading
Making Housing Affordable Series. NED CUTCHER. Running the private rental market at a loss, for profit
Understanding how unaffordable housing affects renters is increasingly important, since more Australians can expect to rent for longer. How do negative gearing and the capital gains tax discount affect affordability, amenity and security for renters? Encouraging “mums and dads” to … Continue reading
Making Housing Affordable Series. MARCUS SPILLER. The planning system, politics and housing affordability
Forever expanding supply on the urban fringe is unlikely to provide a solution to retreating affordability of home ownership. Housing needs to be expanded in those places where good jobs, services and infrastructure are. The inner and middle suburbs – … Continue reading
The housing affordability debate is being wrongly understood as just a supply problem. The real cause of house price inflation is excess liquidity and debt, combined with overly generous tax incentives.
In the growing discourse around affordable housing, the federal and some state governments are edging forwards. Recently proposed changes have merit, but they may exclude poorer older women in need of housing.