Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
The rising cost of housing and a growing wealth imbalance is an emerging social issue that could threaten “social cohesion”. Purchasing a home in a capital city on a skill-level 4 or 5 income is essentially impossible. Even if you put two of those incomes together maybe you can afford a humble abode at the … Continue reading “Housing Unaffordability Risks Social Cohesion!”
From The New Daily. Much is being made of a cooling in key property markets, but a senior analyst warns that even a halving of price growth probably won’t help first home buyers. Louis Christopher, head of SQM Research, said his company’s prediction of 6 to 10 per cent national price growth in 2017 was … Continue reading “Affordability may still deteriorate despite a ‘cooling’ housing market”
From The Conversation The widening cracks in Australia’s housing system can no longer be concealed. The extraordinary recent debate has laid bare both the depth of public concern and the vacuum of coherent policy to promote housing affordability. The community is clamouring for leadership and change. Especially as it affects our major cities, housing unaffordability … Continue reading “Tackling housing unaffordability: a 10-point national plan”
From Business Insider. Australian housing affordability deteriorated over the past 12 months, but the worst may now be over. That’s the view of Natsumi Matsuda, an analyst at Moody’s Investor Services, who notes that Australian two-income households spent an average 27.6% of their monthly income on mortgage repayments in the 12 months to March, up … Continue reading “Has housing in-affordability in Australia’s capitals peaked?”
From The Conversation. The widening cracks in Australia’s housing system can no longer be concealed. The extraordinary recent debate has laid bare both the depth of public concern and the vacuum of coherent policy to promote housing affordability. The community is clamouring for leadership and change. Especially as it affects our major cities, housing unaffordability … Continue reading “Tackling housing unaffordability: a 10-point national plan”
Housing affordability is one of the biggest pressures facing the Australian community and the Government has committed to building 1.2 million new, quote well-located homes across Australia by mid-2029. This is all but impossible, on current trends, and of course housing pressures have been exacerbated by super-high migration. The NSW Productivity and Equality Commission just … Continue reading “Solve The Housing Crisis By Building Smaller, Darker, Higher Homes?”
Housing affordability is one of the biggest pressures facing the Australian community and the Government has committed to building 1.2 million new, quote well-located homes across Australia by mid-2029. This is all but impossible, on current trends, and of course housing pressures have been exacerbated by super-high migration. The NSW Productivity and Equality Commission just … Continue reading “Solve The Housing Crisis By Building Smaller, Darker, Higher Homes?”
Housing is in crisis in Australia, its too expensive and relative to population there is not enough of it. As I discuss with independent Journalist Tarric Brooker last week, though shockingly, we have built more homes per 100,000 people than Canada, The US and the UK. In other words, we have a greater proportion of … Continue reading “Peddling The Housing Supply Myth: Again…”
Housing is in crisis in Australia, its too expensive and relative to population there is not enough of it. As I discuss with independent Journalist Tarric Brooker last week, though shockingly, we have built more homes per 100,000 people than Canada, The US and the UK. In other words, we have a greater proportion of … Continue reading “Peddling The Housing Supply Myth: Again…”
Wherever you look, the news is not good for those wishing to see housing affordability relief. First demand for rentals continues to be powered by the overseas influx. New data from the Department of Home Affairs shows that at the end of February, the number of international students in Australia hit a record high of … Continue reading “Another Fine Mess For Australian Housing!”