• Associate Professor of Property, UNSW
In Victoria, the Andrews government’s level crossing removal project has lifted property prices by up to 28% around sites where work has been completed. Tracey Nearmy/AAP

Rail works lift property prices, pointing to value capture’s potential to fund city infrastructure

Value capture depends on infrastructure increasing the value of affected areas in the first place. Victoria’s level crossing removal project shows the impact on property values can be significant.
With more than 80% of Singaporeans living in state-provided housing, the city rates well for affordability compared to Sydney, where the figure is just 5.5%. Bill Roque/Shutterstock

Affordable housing lessons from Sydney, Hong Kong and Singapore: 3 keys to getting the policy mix right

A coordinated mix of policies does more to keep housing affordable for a significant proportion of a city’s residents than the unbalanced approach we see in Sydney.
Housing affordability becomes less of a concern in the years after buying a house, especially for people who bought a decade or more ago. Paul Miller/AAP

Head start for home owners makes a big difference for housing stress

Affordability is a problem across Sydney for prospective home buyers. But if they are able to become owners, new research shows affordability becomes much less of a problem over five to ten years.
The problem of having jobs on one side of the latte line and housing growth on the other is driving the Greater Sydney Commission’s plans for the city. Danny Casey/AAP

Another tale of two cities: access to jobs divides Sydney along the ‘latte line’

In Sydney, a ‘latte line’, that runs from the airport to Parramatta and up to the northwest, divides white-collar jobs from blue-collar jobs. This perpetuates inequality.
A couple of months isn’t enough to say the housing market is cooling. AAP/ Tracey Nearmy

How to tell when the housing market is slowing

The housing market is too volatile to look at prices alone. If you want to understand the housing market you need to look at the wider economy.
Driven by higher returns on their equity, debt-financed investors are dominating the housing market and shaping its growth. Mick Tsikas/AAP

Investors are exploiting returns on debt financing to muscle out home buyers

New research shows the actual returns on equity for housing investors are higher than most people realise. This helps explain why investors are able to out-compete other home buyers.

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