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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.
NSW is the latest government to released a plan to tackle growing public anxiety over housing affordability. But will the plan make a difference?
This presentation to the University of NSW Social Policy Conference in Sydney identifies better ways for governments to help poorer Australians into housing: fund social housing directly; boost Commonwealth Rent Assistance by 40 per cent and index it to low-income rents; increase supply to make...