What if there was a middle option between retention and abolition that made negative gearing work better? There are multiple ways to improve accountability for this $8 billion-a-year tax concession.
The problem is there are already too many buyers willing to pay high prices, and negative gearing is designed to create more buyers willing to pay more.
In what looks to be a landmark policy announcement with possible national ramifications, the NSW government has outlined the first phase of a $1 billion fund to develop social and affordable housing.
About a quarter of all renters are spending at least half of their income on housing, and the situation is projected to get much worse over the next decade.
Ignoring residents’ concerns about boarding houses and failing to allay their fears helps nobody – least of all those in dire need of affordable housing options.
As Glasgow’s most famous tower blocks are razed, we’re again being asked to celebrate destruction of old notions of housing provision. We should treat it as a different opportunity entirely.
As the NDIS roll-out begins, Australia faces a housing shortfall affecting up to 122,000 participants. Developing smart technology and design offers more independent living for people with disability.
Until recently, affordable housing was mentioned only in conversations involving low-wage or unemployed workers – or the homeless. The only groups that focused on rising rental costs were low-income housing…
I co-teach a freshman seminar at the University of Texas called “Debt: the Good, Bad and Ugly” that examines the different ways consumers borrow and spend. Do they reflect wise investments in the future…
Home ownership is becoming a fading hope for those without an existing foothold in the market. For increasing numbers of younger Australians, the dream will give way to a future as tenants.
While policies such as negative gearing have helped middle to high income earners own property, they have also locked low income earners out of the market and created an unequal housing sector.
Without affordable and secure housing that meets the needs of older Australians, the nation cannot hope to sustain the productivity that is needed to secure future prosperity.
Urban planners tend to be attuned to council and community politics. They are less well informed when it comes to applying the findings of research to improve the quality of their work.
President Barack Obama, in his annual address to the country last week, stressed the importance of keeping “the dream of homeownership alive for future generations of Americans.” One of the main ways he…
The largest study of poverty ever conducted in the UK has laid out the dire state of British deprivation – and seriously undercut the government’s claim to be lifting people out of poverty through work…
Professor; School of Economics, Finance and Property, and Director, Australian Housing and Urban Research Institute, Curtin Research Centre, Curtin University