Planning restrictions are a major reason why housing in Australia is so expensive. For example, they are estimated to raise the price of the average apartment in Sydney by 37%.
Regulation of the financial system is needed to protect depositors and avoid financial crises. However, current financial regulations go beyond these legitimate objectives to prevent mutually advantageous loans.
Housing policy in NSW has been failing. It has relied on setting targets for local governments and hoping councils would adhere to them. Those targets are too low, out of date and have not been enforced. As a result, the housing affordability crisis is getting worse.
Allowing first home buyers to borrow from their superannuation would transform superannuation from an obstacle to home ownership into a vehicle towards it.
This paper describes the evidence of large effects of planning restrictions on housing affordability. This includes significant effects on renters with low incomes.
Housing affordability remains one of Australia’s clearest — and most frequently cited — examples of intergenerational inequality.
Rents are too high. This leads to homelessness, rental stress, long commutes, overcrowding, and a host of other social problems. …
We need to relax zoning restrictions to allow more housing. At a society level, this requires more acceptance of higher …
We are not building enough apartments and we are building them in the wrong place. This paper suggests simple housing targets for local councils that partially rectify these problems.
This submission focuses strongly on the housing affordability aspect of Australia’s productivity. Submission to the Productivity Commission Inquiry into Australia’s …
As a rule, if you tax something more you will end up with less of it. This is a well-worn …
The government has dialled up the rhetoric about its housing reforms being blocked by the Senate, but the primary effect …
Comment by Peter Tulip Public discussion of housing policy suffers from undisciplined eclecticism. Too many commentators provide long, unstructured lists …
The political winners and losers of 2023 Once again it is the time of year to crown those whose success …
How heritage protection is cutting down housing development. More and more people are realising the only meaningful solution to our …
For a nation with such a high percentage of migrants, Australia’s relationship with migration remains very fraught. Of course, we …
Australia’s centre-right political movement is in trouble. This may have seemed obvious from the fact that the Coalition lost elections …
The budget’s announcement of one million houses over the next five years will do very little to improve housing affordability. …
The Australian election campaign has seen a flurry of new proposals for dealing with the problem of housing affordability. There …
Housing policies ensure continual wealth gains for current home owners while leaving renters and potential buyers locked out of the market.
What is behind the housing crisis in Australia and across the world? Research Analyst Emilie Dye, drawing on the work …
Sydney is home to some of the least affordable housing in the world, placing immense pressure particularly on young people …
The budget’s announcement of one million houses over the next five years will do very little to improve housing affordability.
Salvatore Babones returns to discuss the future of housing and rental prices with Eliza Owen of CoreLogic.
Peter Tulip discusses the effect of planning restrictions on housing costs and presents his new paper “Does high-rise development damage …