Agencies that help people who are homeless or at risk of homelessness are struggling to house them because of the shortfall of social housing and intense competition for affordable rentals.
Articles on Rental prices
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RealPage Inc. provides software that helps landlords keep rental prices high. The Justice Department called foul on the price-fixing practice.
Limiting or scrapping negative gearing and the capital gains tax discount would help take the heat out of the market and give the government much more money to invest in social housing.
Most research on unaffordable housing has focused on homeownership, but rental affordability is also a serious issue.
Government action to control rents isn’t unprecedented. Menzies did it in the second world and subsequent state measures kept rents in check for decades. Now extreme circumstances justify it again.
Australia’s renters have been given a six-month moratorium from evictions for not paying rent. Some states and territories are offering other assistance.
After paying rent, more than half of low-income tenants don’t have enough left over for other essentials. And the latest evidence shows nearly half of them are stuck in this situation for years.
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.
A new report shows how the private rental sector is changing.
There is a risk that affordable housing policy may be colonised by for-profit interests if Australia imports the wrong rental housing ideas from overseas.
Analysis of rents in Sydney shows that local residents are benefiting from the lockout laws, thanks to new entertainment hubs and nightlife.
Top contributors
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Senior Research Fellow, City Futures Research Centre, UNSW
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Emeritus Professor of Housing, UNSW
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Associate Professor & Associate Investigator ARC Centre of Excellence for Automated Decision Making + Society, Swinburne University of Technology
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Associate professor in urbanism, University of Sydney
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Lecturer in Sustainability and Urban Planning, RMIT University
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Senior Lecturer in City Planning, UNSW
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Co-Director, Bankruptcy and Insolvency Scholarship Unit, Adelaide University
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Associate Professor, Hill and Levene Schools of Business, University of Regina
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Senior Lecturer in Law, Adelaide University
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Alan Morris is a Friend of The Conversation.
Professor, Institute for Public Policy and Governance, University of Technology Sydney
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Professor of Law, University of Notre Dame
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Assistant Professor, Edwards School of Business, University of Saskatchewan
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Associate Professor of Economics, University of Technology Sydney