A Stark Reality

This paper catalogues the epic failure of Australia’s national housing policy over decades and demonstrates how awareness of this is seeping into everyday life.

The Property Council’s report draws together community sentiment and a suite of data to outline Australia’s efforts to provide affordable housing to the community. It also include potential solutions.

It is the first in a series of reports as part of a broader thought leadership campaign around housing, focuses on three key pillars of choice, affordability and the need to plan for a growing Australia.

Affordable and Social Housing

Affordability woes across the housing spectrum are forcing more Australians than ever to seek out social and affordable housing. The paper argues the continual increase in house prices above wages and squeeze on rental markets is leaving more Australians vulnerable when it comes to accessing market-based housing.

Whilst several governments have increased their commitment to create more social and affordable housing either as part of their COVID-19 economic recovery plans, or by embracing new financing models, there is a lack of stock relative to demand – and the gap is widening.

Further Reading

A Stark Reality is available here.