Financing first home ownership: modelling policy impacts at market and individual levels
Nearly nine in ten aspiring first home buyers are locked out of home ownership due to borrowing constraints.
Nearly nine in ten aspiring first home buyers are locked out of home ownership due to borrowing constraints.
It is the seventeenth report in the BCEC Focus on WA report series. This research looks at overall affordability and where key pressures are.
It is the seventeenth report in the BCEC Focus on WA report series. This research looks at overall affordability and where key pressures are.
Retrofit and quality improvements that are undertaken with a short term focus, based on whatever funding or opportunities are available.
There were 2,912 private rentals available in WA on 17/18 March 2023.
The findings help explain why so many essential industries are facing workforce shortages. Workers have been priced out of their communities.
From 2023 to 2032, household formation is expected to be dominated by lone person households (563,600 additional households), followed by couples with children households (533,300 additional households).
In Perth it was still possible for some to buy without assistance, however many still benefited from direct and indirect help.
Energy debt is a fact of life for a growing number of renters, who simply cannot afford to maintain a healthy home temperature on a limited income.
The research reviewed international and Australian policy, interviewed stakeholders across four jurisdictions.
WACOSS and CEWA, with support from other peaks, undertook a survey of member organisations in October 2022.
The stark reality of the housing crisis in Australiademands a reinvigorated look at housing policy.
Estimates based on the 2021 Australian census indicate that over half a million low-income households were not in appropriate housing on census night.
The Australian Government share of this expenditure was $1.7 billion in 2021‑22.
57 per cent of participants said access to affordable housing, or homelessness, affected their service users and communities.
The resulting ‘housing shocks’ can include inability to afford rent or mortgage payments; eviction; overcrowding; or housing precarity.