Focus
housing affordability
‘Depressing’: Economist on Why Australians Should Not Expect the Housing Situation to Change
A senior economist says the 2024 budget will do little, if anything, to address housing issues in Australia.
Aspiring Homeowners Say Cost of Living, Inadequate Incomes Are Barriers to Buying a House: Survey
Prospective homebuyers grapple with record home prices and higher mortgage rates.
Immigration Minister Looks at Cap on ‘Disconcerting’ Number of International Students Amid Housing Crisis
The minister says the ‘volume is disconcerting.’
Australian Business Leaders Call for Government Action on Housing Supply
‘Government has a role in building houses to help remedy the housing shortage, but it’s housing affordability that is a potential disruptor for our business.’
US Home Prices Again Rise as Tight Supply, Mortgage Rates Evaporate Affordability
Housing economists debate if affordability will improve in 2024.
Australia’s Housing Crisis: $300,000 Income Required to Afford Mortgages
‘The crisis is not merely one of numbers but of societal values, as the housing market becomes a fortress for the rich,’ said a report by Suburbtrends.
Australia’s Migrant Intake Must Be Better Controlled, Peter Costello Warns
An economist said the supply of immigration has long exceeded the demand for it.
Greens Pledge to Impose 650 Percent Surcharge on Landlords Who Increase Rents
A newfound Greens policy aimed at suppressing rental prices.
Aussie Council Criticised for Playing ‘Hot Potato’ Repeatedly to Deter Homeless People
The method has been criticised as “hideously cruel” and ineffective.
White House Unveils Plan to Convert Vacant Downtown Commercial Buildings Into Affordable Housing
Administration officials claim the strategy will address housing shortages and revitalize downtown areas.
Housing Affordability Gets Crushed as Qualifying Income to Buy Home Doubles to Over $100,000
It’s the highest annual income needed to afford a home on record.
