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- Australia's housing system hasn't been able to build enough new housing stock to keep up with the needs of its population. Our population has been growing too quickly in recent years, and, when coupled with changes in peoples' housing preferences, it has resulted in worsening affordability for renters and first-home buyers.
www.abc.net.au/news/2024-05-15/federal-budget-housing-crisis-in-10-graphs/103847336Australia's housing crisis in 10 graphs, from the federal budget
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Why does Australia have a shortage of social and affordable housing?
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Is a national strategy needed to solve Australia's housing crisis?
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May 15, 2024 · The Albanese government knows Australia has a housing problem. It says the country is suffering from “historic underinvestment” in housing that's created a significant supply shortage.
- Experts have said for years we need more social and ...
He says the main reason Australia has a shortage of social...
- Australia needs a national strategy to fix decades of poor ...
In a new report published on Thursday by the Australian...
- Experts have said for years we need more social and ...
Jan 27, 2024 · He says the main reason Australia has a shortage of social and affordable housing is chronic underinvestment by governments of all levels and political persuasion over decades.
- Evan Young
Apr 24, 2024 · Affordability has been steadily declining for decades, as successive governments have failed to make shelter more affordable for low-to-moderate income Australians. The market is getting...
- Rachel Ong Viforj
- Lack of Investment Takes Its Toll
- How Do We Estimate The Level of Need?
- How Achievable Is A Building Program of This Scale?
- What Will This Cost The Government?
- The Five Investment Scenarios
From 1945, state and territory governments, financially supported by Canberra, maintained public programs that built 8,000-14,000 dwellings a year for half a century. From 1996, however, social housing largely slipped from the Australian government agenda. Dedicated ongoing funding to states and territories was at “starvation levels”. Public house ...
Our analysis quantifies both Australia’s housing need “backlog” and the “newly emerging” need from population growth over the next 20 years. It conservatively calculates backlog need as comprising two elements. First, it considers those who are homeless now. The 2016 census counted 116,000 homeless people across Australia. Recognising that some wou...
Fixing this problem – both the backlog and newly emerging need – calls for a major program of social housing construction. This is needed to expand the national social housing stock to nearly three times its 2016 size by 2036. Simply preventing the existing problem from getting worse calls for nearly 15,000 extra dwellings a year to be built. That’...
What would be the price tag for such a program? And what’s the best way for government to provide the necessary support? To answer the first question, we identified both the social housing need, described above, and the land and construction costs across 88 regions of Australia. Different regions have different land costs and building forms, such a...
We examined five contrasting “investment pathways” for delivering a program that builds social housing on the required scale. The basic choice is between a capital grant model (subsidy paid up front) and a revenue subsidy model (annual payments underpin debt repayments and operating costs). We calculate that the cost of the first year of the progra...
Jul 12, 2024 · Key findings. At June 2023, there were around 446,000 social housing dwellings in Australia. There has been a gradual increase in community housing stock since 2006 while public housing stock has been declining.
Jun 14, 2023 · In a new report published on Thursday by the Australian Housing and Urban Research Institute (AHURI), researchers say a national strategy is needed to overcome decades of accumulated policy errors that have contributed to our current housing crisis.
May 6, 2024 · Affordable housing; Why Australia’s housing crisis has gone global. Households are going backwards in 13 developed economies, including Australia, as record immigration runs into a...