Housing

Created
Thu, 11/04/2024 - 04:53
Aged care staff are unhappy and many older people in residential aged care are unhappy. Certainly, the NSW Health Minister and the hospitals are unhappy because there are 600 people sitting in acute hospital beds who could be in aged care facilities. Unfortunately, there are no appropriate places for them as their problems and behaviours Continue reading »
Created
Fri, 05/04/2024 - 04:57
Yesterday, Part 1 of this article discussed the decline in housing affordability and the consequent increase in wealth inequality. Today, Part 2 will discuss possible policies to restore housing affordability in the interests of a more equal and cohesive society. Policies to improve housing affordability and thus increase home ownership have traditionally focussed on reducing Continue reading »
Created
Wed, 03/04/2024 - 04:53
In just four years since the advent of COVID-19, Australia’s house prices have climbed by a dizzying 50%. Defying orthodox expectations that property inflation would be quelled by rising interest rates, that upward trend has continued even since the RBA’s monetary tightening phase began in mid-2022, with prices up by 12% in that period alone. Continue reading »
Created
Tue, 19/03/2024 - 04:54
Australians frozen out of the housing market cannot expect that government is going to do anything that effectively closes the gap between current house prices and what most of the unhoused could afford as a deposit. Modern politicians of all stripes are all agreed that their political survival depends on doing the maximum to sustain Continue reading »
Created
Mon, 11/03/2024 - 04:58
With last week’s announcements from the Coalition and Australian Greens, the contours of next year’s election housing debate have begun to take shape. It’s pretty clear that, as in four of the past six national polls, this policy area will be a flashpoint of the coming contest. While not laying out any policy measures, as Continue reading »