Laurence Troy

Housing near Sydney's CBD

The delivery of affordable housing in Australia is in desperate need of a shakeup, says UNSW City Futures Research Fellow Dr Laurence Troy.

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Housing markets never have met the lowest-income households' needs. Now is the time to tackle problems that have been years in the making by creating a better system to supply their housing.

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Labor has made a substantial commitment to tackling inequality in Australia, but has taken a second-best approach to overcoming the huge shortfall of social housing.

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A tenfold increase in building is needed to overcome the current social housing shortfall and cover projected growth in need. But it can be done, and direct public investment is the cheapest way.

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Short-term letting via digital platforms benefits some in the market at the expense of others. Closer regulation might be needed in Melbourne and Sydney, where a permissive approach prevails.

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Affordable rental options for low-income households in Sydney need to be drastically improved according to City Futures Research Centre.

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As the NSW State Government moves to impose limits on apartment owners who continuously let on a short-term basis, one issue is that Airbnb isn't transparent about how many properties are truly 'shared' and how many are just part of a business.

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Based on research comparing projects across the country, a new assessment tool calculates cost-effective ways to fund affordable housing to meet specified needs in different markets.

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Affordable housing projects are being shaped by bespoke and constrained funding rather than actual needs, UNSW researchers have found.

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Housing problems are multidimensional and extend well beyond our capital cities, write Chris Martin and Laurence Troy.

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