Views of Housing in the Economy: Abstract Dreamings or Real Directions?

This report analyses the expert opinions of 87 leading economists and other senior housing market specialists on interrelationships between the housing system, economic performance, and wealth distribution in Australia.

The report – Australian Experts’ Views of Housing in the Economy: Abstract Dreamings or Real Directions? – is produced by an emerging collaboration between non-profit, private and government organisations and leading researchers in applied housing economics and policy. Key players include the Community Housing Industry Association, National Shelter, Shelter WA and the Property Council of Australia, as well as UNSW, the University of Adelaide and Swinburne University.

Australia’s Housing System

With impacts of COVID-19 on the housing system becoming clearer and the broad outlines of the post COVID-19 economy more apparent, this project reviews how major consequences of housing productivity and stability for the longer term could be reflected in better policy approaches across all orders of government. It involves a range of leading housing policy makers and practitioners in a high level moderated ‘debate’ that synthesises a range of views on the future evolution of Australia’s housing system.

Gauging Expert Opinions

Building on a review of published literature on evidence of key housing economy relations in Australia and informed opinions on the housing impacts of COVID-19, the study applies a ‘Delphi’ technique for gauging expert opinions on a range of housing and productivity related issues. This allows the views of topic experts to be collected through an initial targeted survey to inform an aggregated picture of interviewee thinking. To tease out participant reasoning and to better understand what underlies opinion diversity, this is then discussed with all participants individually, highlighting similarities and contrasts between views of each participant and the collective wisdom on each issue.

Acknowledgements

This research was commissioned by the Community Housing Industry Association (CHIA) and Shelter on behalf of the Housing and Productivity Research Consortium (HPRC). The authors are grateful to the following organisations for funding the study:

• BlueCHP Limited
• Haven; Home, Safe
• SGCH (St George Community Housing)
• Evolve Housing

Read the full report here.