Dev Singh AUS’ Post

🚨 Australia’s Housing Crisis—A Supply Problem Decades in the Making Federal Housing Minister Claire O'Neill has emphasized that Australia hasn’t been building enough homes, contributing to soaring prices. While household incomes have grown, property prices have far outpaced them—rising from 4x to nearly 8x average incomes since the 1980s. The government's ambitious goal to build 1.2 million homes over five years faces skepticism, with many predicting only 800,000-900,000 might be achievable. Without reform to red tape and housing taxes, the supply crisis will persist. How can Australia overcome this challenge? #forthepropertyinvestor #realestateau #realestateaustralia #propertyinvestingaustralia #property #propertyinvesting #propertynews #sydney #brisbane #melbourne #adelaide #perth

Are We Being Sold Empty Promises or Real Solutions? Australia’s #housing crisis is at a tipping point. With soaring rents, supply shortages, and affordability slipping out of reach for many, the government’s plan to build 1.2 million homes over five years sounds like a step forward—but is it enough? On paper, $10 billion for the Housing Australia Future Fund and $1 billion for crisis housing seem impressive. But here’s the #catch: the timelines are #unclear and the logistical #barriers, such as zoning and #infrastructure, mean many #Australians will still be left waiting. This could be just another political strategy to win votes rather than a real commitment to solving the housing. Can we afford to wait five years for these promises to be fulfilled when people are struggling right now? Does adding more homes in theory, without addressing deeper issues like land availability and rent control, actually fix anything? Or are these promises simply fuel for political ambition? I’m calling for #transparency and #accountability. We need to know exactly how and when these homes will be delivered. Without that, this initiative might end up being another case of politicians playing on the hopes of vulnerable Australians. This is where DEMOCRACY FIRST stands out. We believe in #real, #actionable #change, not just talking points. It’s time we hold #politicians accountable for their promises and push for reforms that genuinely make housing affordable for everyone, not just a headline for election season. What do you think? Is the government’s housing plan enough, or are we being used as #political #pawns? Let’s discuss how we can make real change happen. #HousingCrisis #Democracyfirst #AffordableHousing #HoldThemAccountable Vern Hughes Renee F. Veronica Stephan-Miller Mark Toomey Mark Sweeney

Hal Pawson and Vivienne Milligan argue that the Commonwealth needs to take the strategic lead on an effective and holistic housing policy, since that is where so many housing-related levers reside - tax, finance, social security and immigration - in spite of there being no specific designated powers in Section 51 of the Australian Constitution to legislate on housing. "Only through a nationally-co-ordinated approach can Australia begin to redress the damaging social and economic impacts of housing stress and inequality that are continuing to grow." Full book chapter here: https://lnkd.in/gCyNthTU https://lnkd.in/g-5U2wvY #housing #housingcrisis #missioneconomy #housingaffordability Housing Australia Department of Social Services (DSS)

Will your kids be able to buy their own home? Arguably one of the most profound ways in which Sir Robert Menzies shaped modern Australia was by helping to lift homeownership rates from 53% to 71%. Defying a Labor Party that decried the creation of ‘little capitalists’, Menzies forged a property-owning democracy where the middle class he championed grew so large that Labor had to reorientate itself to court its votes. But since the 1960s, governments at federal, state and even local level have adopted policies which have exaggerated demand and strangulated supply in the housing market. To unpack the historical origins of Australia’s housing crisis and what we can do to fix it, we are joined by Saul Eslake. https://zurl.co/IiF8

This piece written with Hal Pawson summarises our contribution on housing to a new edited book - Australian Urban Policy: Prospects and Pathways - published by ANU Press. See https://lnkd.in/gTSShTgJ

Navigating Australia's Housing Challenges. Should the government invest directly in local councils? Uncover the debate and potential solutions for smoother home-building. 💡 https://lnkd.in/gt7xFD_J #LocalSolutions #AustralianHousing #CommunityBuilding

A considerably more political slant in this weeks Business Post missal as I analyse the impact of a good few months in Irish housing starts for the incumbent Government on the recent Local and European Elections. Headlines on housing have been long dominated by increasingly negative views perpetuated by opposition parties, often exacerbated by media populism berating the role of so called ‘vulture funds’ and other inaccurate, and border line defamatory, labelling of stakeholders who are critical to new supply. But the reality is that progress is being made, and progress has accelerated over the last 12-months in particular. This is now being reflected in voting patterns. https://lnkd.in/dSV92VCN #politics #ireland #finegael #fiannafail #housing #homes #construction #housingcrisis Pat Farrell Irish Institutional Property Cairn Glenveagh Properties plc Brian Moran Darragh O'Brien TD Patrick Durkan Lingard Capital Advisers

The issue of housing and the Green Belt has long been a central concern for voters across the UK, and it seems that the Labour Party is continuing to take a bold stance on tackling this issue head-on. With Sir Keir Starmer targeting voters who are pro-housebuilding, the party is making it clear that it is willing to release Green Belt land in order to address the housing crisis. While there are concerns from some about the release of Green Belt land, it seems that many people who oppose it may not understand what Green Belt is or where it is located. This lack of understanding and politicalisation of Green Belt has hindered sustainable development for some time. By committing to building 1.5 million homes within five years and focusing on developing grey belt land, Labour is making it clear that they are willing to take on the challenge of providing quality housing for those in need. Their strategic approach prioritises the release of low-quality land within the Green Belt while protecting and enhancing high-quality Green Belt land. It will be interesting to see how this approach plays out in the upcoming election and how voters respond to the Labour Party's housing policies. A move back to regional planning and mandatory housing targets seems on the cards. #Boyer #Leaders Romans Group #greenbelt #housingcrisis #planning Yes in my back yard: Keir Starmer targets voters who want more housing https://lnkd.in/eSyBUbvM

Today Anglicare Australia's Kasy Chambers and Maiy Azize attended the 'Housing Policy Debate' at the National Press Club of Australia in Canberra. Hearing from the Hon. Michael Sukkar MP and Mr. Max Chandler-Mather MP, the debate marks the first National Press Club policy debate since campaigning has kicked off ahead of the next federal election. Housing continues to be one of the most important issues facing the country and it is vital that Australia's next government take action to ensure that everyone has a place to call home 🏠 Interested in Anglicare Australia's research on housing affordability? Find out more here: https://lnkd.in/gXwFKvbg #AnglicareAustralia #HousingPolicyDebate #housingcrisis #federalelection

Last week, EMRS released its TasTalks Housing Survey, revealing that nearly 90% of respondents believe that Tasmania is experiencing a housing crisis. One proposed strategy to address this issue is the implementation of an empty home levy, which is a tax imposed on investors who leave their property unoccupied for extended periods – such a measure was supported by 60% of survey respondents. In 2023, 916 properties were uninhabited in Tasmania. Would an empty home levy encourage investors to sell, or put their houses on the long-term rental market? To learn more, visit https://lnkd.in/gFVBnBaF #politas #housing #Tasmania