2016/09/01 by Judith Yates · 3 citations
Economics, Econometrics and Finance · Social Sciences · #Housing, Finance, and Neoliberalism #Housing Market and Economics #Urban and Rural Development Challenges
paper · doi:10.1111/1467-8462.12174
Abstract 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.