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Key areas examined in CEDA’s holistic review of housing in Australia include:
- Housing trends in Australia;
- The experience of Australia’s housing sector compared with other countries in the OECD;
- Supply of housing: from land availability to changes in the composition of housing stock;
- Drivers of demand and possible policy levers; and
- The intergenerational consequences of high housing costs and falling home owners
The great Australian dream of owning your own home has prevailed for more than half a century but with surging house prices in some parts of Australia, there has been much debate about whether it will continue.
Historically low interest rates, an unprecedented period of continuous economic growth and strong levels of migration have contributed to increasing demand and escalating housing prices in Australia’s capital cities.
This policy perspective will examine:
- Housing trends in Australia;
- The experience of Australia’s housing sector compared with other countries in the OECD;
- Supply of housing: from land availability to changes in the composition of housing stock;
- Drivers of demand and possible policy levers; and
- The intergenerational consequences of high housing costs and falling home ownership.
Chapters and authors
CEDA EXECUTIVE SUMMARY, OVERVIEW AND POLICY RECOMMENDATIONS
Dr Judith Yates, Associate Professor in the School of Economics, University of Sydney
IS THE CURRENT PERIOD OF PRICE MOVEMENTS UNUSUAL?
Dr Nigel Stapledon, Real Estate Research Fellow, Centre for Applied Economic Research, UNSW
THE SUPPLY OF HOUSING
Professor Chris Leishman, Director, Centre for Housing, Urban and Regional Planning, University of Adelaide
THE DEMAND FOR HOUSING
Associate Professor Emma Baker, ARC Future Fellow, School of Architecture and Built Environment, University of Adelaide
INTERGENERATIONAL CONSEQUENCES
Professor Rachel Ong, Deputy Director, Bankwest Curtin Economics Centre, Curtin University
THE IMPACT OF TAX REGULATION ON HOUSING
Associate Professor David Morrison, School of Law, Faculty of Business, Economics and Law, The University of Queensland
CASE STUDY: MIXED USE URBAN PROJECTS
Gavin Tonnet, National Head Apartments Mixed Use & General Manager Residential, Stockland
Learn more
Where the responsibility for housing affordability lies | Melbourne report launch event summary
How governments have widened the gap between generations in home ownership | CEDA blog