Why it takes so long and costs so much to deliver the housing we need – and what we can do about it.
Tagged: housing affordability
Report criticising using super for home deposits ‘deeply flawed’
The Corinna Economics report on paying for a home deposit using superannuation is convenient for the superannuation industry, but deeply flawed.
Crisafulli’s budget reply means we have a debate on issues, but not necessarily the right ones
Only a small part of this cost blow-out will be fixed by a regulatory review of the building industry, which, while important, will do nothing to stem the excess demand created by the government.
Housing affordability index Q4 2023
It is twice as expensive to repay the purchase of a house now than for most of the last 30 years with that increase occurring in just the last 3 years since Q3 2020.
New home buyer’s tax no way to make housing available or affordable
Shifting the cost of welfare housing on to developers won't fix anything
Access to super for housing deposit won’t cause house price rises
Reality contradicts the “sophisticated” models
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“Sophisticated modelling” by the Super Member’s Council released today purports to show that allowing Australian’s to access their money in their super accounts to buy a first home would inflate house prices by an average of $75,000.
According to AIP Executive Director, this modelling is rebutted by the facts.
Housing Affordability Index Q3 2023
Overall housing is now twice as unaffordable in terms of repayments, and almost as unaffordable in terms of deposits as it was in the 10 years between 1994 and 2004, which is 100 on our model. Our index for repayments is currently at 209.77 and for deposits at 191.5.
Capping rents will make things much worse
The Queensland government should scotch any idea of capping rentals if they want to help people searching for a house to rent, and actually do something, rather than convening more housing summits.
Rule out changing negative gearing
It’s time for the prime minister to step up and rule out tinkering with the housing market and get on with the job of creating more supply. In particular he must rule out any changes to negative gearing.
Housing Affordability Index Q3 2022
The AIP Housing Affordability Index for the September Quarter 2022 has been released. It shows record repayment unaffordability over the history of the index although it is a little easier to save the deposit.
