EconPapers    
Economics at your fingertips  
 

Disruption in regional housing: Policy responses for more resilient markets

Andrew Beer, Akshay Vij, Emma Baker, Laura Crommelin, Jago Dodson, Ehsan Gharaie, Tiebei Li and Sandy Horne

No e5kud, SocArXiv from Center for Open Science

Abstract: This AHURI research examined housing trends and the processes of delivering affordable housing supply in rural and regional Australia. These rural and regional housing markets have faced substantial challenges for more than three decades, including poor housing affordability; under-developed supply chains; the shortage of skilled and unskilled labour force; increasing demand for housing in some localities, while other centres decline; together with limited policy attention to the specific needs of rural and regional Australia. A clear research finding is the need for government action to ‘unfreeze’ rural and regional housing markets, making substantial investments and interventions in regional housing markets and developing stronger supply chains for rural and regional housing. The development of a national urban and regional strategy would also provide certainty for private investment, while also unlocking potential State and Australian government support. To overcome the shortage of labour to work on dwelling construction, a guaranteed program of investment in work and new-builds may be needed to attract and retain labour in the housing sector so as to create a more secure pipeline of work for builders and their workforce. This would need to be a long-term strategy, otherwise short-term action may exacerbate existing challenges, placing additional price pressure into the market.

Date: 2024-07-17
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://osf.io/download/669865326068db082adde1c7/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:e5kud

DOI: 10.31219/osf.io/e5kud

Access Statistics for this paper

More papers in SocArXiv from Center for Open Science
Bibliographic data for series maintained by OSF ().

 
Page updated 2025-03-19
Handle: RePEc:osf:socarx:e5kud