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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.
Housing assistance (HA) interventions not only aim to meet housing needs, they also contribute to higher level outcomes, such as improved social and economic wellbeing for individuals, families and communities.
Housing affordability issues are likely to persist in some capital cities and could have longer term economic implications for Australia, while the issue of land supply needs greater focus, according to this CEDA report.
This study investigated the key drivers of Australian housing supply responsiveness.
Policy-makers have long understood the relationship between housing and the economy through the multiplier effects of housing investment on national income and employment. There has, in contrast, been little regard to the longer term productivity and growth impacts of housing. Housing advocates and policy-makers usually...
This report examines the supply of subsidised affordable housing via the National Rental Affordability Scheme (NRAS) in Australia and the international approaches of the Low Income Housing Taxation Credit (LIHTC) scheme in the US and the Affordable Rents program in England.
Over the last 25 years, home ownership rates have fallen sharply for young Australians. Between 1982 and 2011, the home ownership rate for young adults aged 25 to 34 years dropped from 56% to 34%. Growing concerns about their home ownership prospects have prompted those...
In the past, housing policy-makers have argued that housing is a social, rather than an economic, investment. However, problems with the housing market may be constraining national growth and imposing costs on the public purse (e.g. homelessness impacts on health budgets).
Published research suggests...
This study utilized the first 11 waves of the Household, Income and Labour Dynamics of Australia (HILDA) Survey to track individuals’ tenure transitions and housing affordability dynamics over the period 2001–11. The study used the widely recognized definition of ‘housing affordability stress’, where an individual’s...
This study utilized the first 11 waves of the Household, Income and Labour Dynamics of Australia (HILDA) Survey to track individuals’ tenure transitions and housing affordability dynamics over the period 2001–11.