The reform of the dysfunctional land market is essential if the UK is to be a more equal, more productive and stable economy. It is also vital to creating a better-functioning housing market that delivers the affordable and quality homes the country needs.
This study investigated how low-income renters navigate the private rental sector (PRS) via three core pathways: the formal, informal and supported pathways. It provides practitioners and policy makers with an evidence base on changing practices and ways forward in shaping equitable PRS institutions.
House prices are higher in Sydney and Melbourne than in almost all other developed-nation cities, with the result that most young households cannot afford to buy a detached house. Why? This research examines some possible answers.
Over the past two decades, Australian planning policies have supported largely unregulated land speculation and gentrification in relatively well served inner and middle suburbs, leading to displacement of low and moderate income households and growing spatial inequalities. The current Victorian state government signalled a new...
Susan Fainstein has called on planners to resume advocating for disadvantaged communities in their urban plans and policies to create the ‘just city.’ Such an approach would assess land-use policy against the principles of equity, diversity and democracy. However, planning systems strongly influenced by the...
Affordable housing is a key challenge facing many developed cities, worldwide. Parts of New Zealand, particularly Auckland, are amongst the least affordable cities in the world. This paper largely focuses on the responses to alleviate the affordability issue.
New research finds that people are willing to pay more for energy efficient housing, making the case for a mandatory national rating system for existing homes.
“Location, location, location” is a time-honoured mantra for pricing property, but research shows buyers and renters are also...
Our housing system is failing millions of Australians. Rents have been rising much faster than people’s incomes and we don't have enough secure, affordable rentals. This year’s Rental Affordability Snapshot shows that we need action now to stop more and more people from falling into...
This article provides a conceptual model for the pathways by which climate change could operate to impact geographies and property markets whose inferior or superior qualities for supporting the built environment are subject to a descriptive theory known as ‘Climate Gentrification.’ The article utilizes Miami-Dade...
This paper investigates affordability of housing in Queensland; changes in the housing stock and people’s preferences; and factors influencing outcomes in housing markets.
The clichés about housing supply and regulatory restraints are distractions from the need to focus on expanding the affordable housing sector to directly meet the needs of low-income households.
Some government policies restrict the supply of housing. Examples include minimum lot sizes, maximum building heights and planning approval processes. Although these restrictions may confer benefits, they also raise the price of housing. This paper attempts to quantify the effect of zoning on housing prices...
This research models several politically acceptable pathways to reform negative gearing and CGT so as to reduce impacts on less sophisticated property investors. Two reform models— a rental deduction cap of $5,000 and a progressive rental deduction based on income—could lead to savings of over...
Building an extra 50,000 homes a year for a decade could leave Australian house prices 5 to 20 per cent lower than they would be otherwise, and stem rising public anxiety about housing affordability, according to this Grattan Institute report.
This New Zealand Initiative submission recommends that the Overseas Investment Amendment Bill should not proceed until parliamentary debate can be informed by a competent official assessment of its likely net benefits (or costs) for New Zealanders.
This report provides the New Zealand public with a broad overview of the current state of the national housing market and the housing system. This overview takes the form of a series of brief reviews of various housing outcomes and policy areas and backs these...
Home purchasing and renting, particularly in our capital cities, is now beyond the reach of many people. Are governments around Australia effectively tackling the pressing issue of housing affordability?
This paper develops a comprehensive measure of the gap between housing supply and demand at a regional level in Australia, taking into account a range of complicating factors, such as changing demographics, building types and the increase in unoccupied dwellings at the regional level.