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Why Does Australia Have an Affordable Housing Problem and What Can Be Done About It?

Judith Yates

Australian Economic Review, 2016, vol. 49, issue 3, 328-339

Abstract: type="main" xml:lang="en">

As a result of economic trends in Australia over the past 25 years, a growing proportion of households have faced high housing costs in relation to their income because of a shortage of affordable housing, particularly in areas where there is ready access to well-paid employment. Problems have been particularly severe for lower income renters. This article provides a proposal to address this shortage, based on encouraging institutional financing of affordable rental housing, suggests more controversial policies that might be needed to address underlying causes and identifies a number of reasons why so little progress has been made.

Date: 2016
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Australian Economic Review is currently edited by Ross Williams, Ian McDonald and Mark Wooden

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