Tag #Housing Affordability

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smh.com.au

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Jul 31, 19:17

Soaring Australian House Prices Exacerbate Affordability Crisis

Australian house prices are rising across major cities, reaching record highs in Sydney and other capitals due to a shortage of properties and recent cuts to official interest rates, exacerbating the housing affordability crisis despite a rise in dwelling approvals.

Soaring Australian House Prices Exacerbate Affordability Crisis

Australian house prices are rising across major cities, reaching record highs in Sydney and other capitals due to a shortage of properties and recent cuts to official interest rates, exacerbating the housing affordability crisis despite a rise in dwelling approvals.

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What is the immediate impact of rising Australian house prices and interest rate cuts on the national housing market?

Australian house values are surging, hitting record highs in major cities due to low supply and recent interest rate cuts. Sydney's median house price surpassed \$1.5 million, while Melbourne reached \$952,000. This is exacerbating the nation's housing affordability crisis.

abcnews.go.com

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Jul 26, 22:10

Michigan's Mobile Home Park Crisis: Unsafe Water and Weak Regulation".

Weak enforcement of Michigan's mobile home park regulations, coupled with the increased presence of private equity ownership, leaves hundreds of thousands of residents vulnerable to unsafe water conditions and inadequate services, highlighting a critical gap in consumer protection and affordable hou...

Michigan's Mobile Home Park Crisis: Unsafe Water and Weak Regulation".

Weak enforcement of Michigan's mobile home park regulations, coupled with the increased presence of private equity ownership, leaves hundreds of thousands of residents vulnerable to unsafe water conditions and inadequate services, highlighting a critical gap in consumer protection and affordable hou...

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Clean Water and Sanitation

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What are the immediate consequences of weak regulatory enforcement in Michigan's unlicensed mobile home parks, particularly concerning water safety and resident well-being?

In Michigan, hundreds of thousands residing in unlicensed mobile home parks face unsafe water conditions due to weak regulatory enforcement. Private equity ownership exacerbates the issue, hindering contact and compliance with regulations, leading to residents bearing the brunt of inadequate service and unsafe practices.

theguardian.com

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Jul 25, 19:13

Australian Comedian's Documentary Highlights Housing Crisis

Comedian Mark Humphries' new documentary, "Sold! Who Broke the Australian Dream?", explores Australia's housing crisis, detailing his five moves in seven years due to unaffordable and unliveable rental properties, and arguing for systemic change to address the imbalance between homeowners and renter...

Australian Comedian's Documentary Highlights Housing Crisis

Comedian Mark Humphries' new documentary, "Sold! Who Broke the Australian Dream?", explores Australia's housing crisis, detailing his five moves in seven years due to unaffordable and unliveable rental properties, and arguing for systemic change to address the imbalance between homeowners and renter...

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What are the key factors driving the Australian housing affordability crisis, and how do they specifically impact renters?

Mark Humphries, a comedian and TV presenter, has moved five times in seven years due to unaffordable and unliveable housing conditions in Australia. His new documentary, "Sold! Who Broke the Australian Dream?", explores this crisis, highlighting the difficulty even a "D-grade celebrity" faces in securing a home. This reflects a widespread issue impacting many Australians.

theglobeandmail.com

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Jul 24, 13:14

Ontario Housing Crisis: 25% Drop in Starts Threatens National Affordability

Ontario's housing starts fell 25 percent in the first half of 2025, totaling 27,368 new homes—a significant drop that undermines both provincial and national housing goals, exacerbating affordability issues across Canada and highlighting the need for policy changes.

Ontario Housing Crisis: 25% Drop in Starts Threatens National Affordability

Ontario's housing starts fell 25 percent in the first half of 2025, totaling 27,368 new homes—a significant drop that undermines both provincial and national housing goals, exacerbating affordability issues across Canada and highlighting the need for policy changes.

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What is the immediate impact of Ontario's 25 percent decline in housing starts on national housing affordability and government targets?

Ontario's housing starts plummeted 25 percent in the first half of 2025 compared to the previous year, reaching only 27,368 new homes. This sharp decline undermines both the provincial target of 1.5 million new homes by 2031 and the national goal of doubling home building by 2035, significantly hindering progress towards housing affordability across Canada.

smh.com.au

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Jul 24, 07:16

Melbourne Housing Market Recovers, Ending First-Home Buyer Boom

Melbourne's housing market is recovering from a period of price stagnation, influenced by increased taxes on investors and stricter building regulations, resulting in a slight price decrease below the December 2021 peak but prices remain high at $1,064,000 median.

Melbourne Housing Market Recovers, Ending First-Home Buyer Boom

Melbourne's housing market is recovering from a period of price stagnation, influenced by increased taxes on investors and stricter building regulations, resulting in a slight price decrease below the December 2021 peak but prices remain high at $1,064,000 median.

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Sustainable Cities and Communities

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How have government policies, particularly those targeting investors, influenced the supply and demand dynamics in the Melbourne housing market?

The shift in Melbourne's housing market is linked to several factors: increased supply, a recovering economy, rising interest rates, and policies targeting investors. While increased regulations aimed at improving housing quality have had a negative impact on supply, the effect of increased taxes on investors appears to have suppressed prices, creating opportunities for first-home buyers. This aligns with the arguments presented in the book "Abundance", advocating for deregulation to improve housing affordability.

theglobeandmail.com

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Jul 23, 16:12

Canada's Housing Market Slumps, Government Considers Intervention

Canada's housing market is experiencing a downturn with falling home prices, cancelled projects, and job losses, forcing the federal government to consider intervening despite risks associated with loosening mortgage insurance rules.

Canada's Housing Market Slumps, Government Considers Intervention

Canada's housing market is experiencing a downturn with falling home prices, cancelled projects, and job losses, forcing the federal government to consider intervening despite risks associated with loosening mortgage insurance rules.

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Sustainable Cities and Communities

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What immediate actions is the Canadian government considering to address the slumping housing market and its impact on affordability?

Home prices in Canada are slumping, new housing projects are being cancelled, and job losses are rising in the property development sector. Despite lower interest rates, potential buyers are hesitant due to prices remaining above pre-pandemic levels and economic uncertainty caused by the US trade war. This situation creates challenges for the federal government's pledge to increase housing affordability.

smh.com.au

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Jul 27, 10:11

Soaring Melbourne Suburb Planning Costs Threaten Housing Supply

The cost of planning new Melbourne suburbs has skyrocketed by 750 percent to \$6 million per plan, while approvals have plummeted, threatening housing supply due to red tape, reduced government productivity, and a policy favoring infill development over greenfield projects.

Soaring Melbourne Suburb Planning Costs Threaten Housing Supply

The cost of planning new Melbourne suburbs has skyrocketed by 750 percent to \$6 million per plan, while approvals have plummeted, threatening housing supply due to red tape, reduced government productivity, and a policy favoring infill development over greenfield projects.

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How have rising planning costs and reduced approvals for new Melbourne suburbs impacted housing supply and affordability?

The cost of planning new Melbourne suburbs has increased sevenfold to \$6 million per plan, while approvals have drastically fallen from 10 yearly to 1-2, threatening housing supply. This surge is attributed to increased red tape and reduced government productivity, resulting in multimillion-dollar holding costs for developers.

smh.com.au

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Jul 26, 01:13

CFMEU Launches Housing Sector Blitz Amidst Internal Strife and Crime Concerns

Facing internal divisions and organized crime, the CFMEU's new leadership is launching a major push into the housing sector, aiming to increase membership and influence, potentially raising housing costs by 20 percent according to industry sources.

CFMEU Launches Housing Sector Blitz Amidst Internal Strife and Crime Concerns

Facing internal divisions and organized crime, the CFMEU's new leadership is launching a major push into the housing sector, aiming to increase membership and influence, potentially raising housing costs by 20 percent according to industry sources.

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Decent Work and Economic Growth

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What are the long-term implications of the CFMEU's strategy for the housing market and the union's future?

The CFMEU's push into the housing sector presents a high-stakes gamble. Success could revitalize the union's power and finances, but failure could further damage its reputation and membership. The potential for increased housing costs and government scrutiny adds significant risk.

smh.com.au

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Jul 25, 07:14

ABS Delays Housing, Income Data Release Due to Data Collection Flaws

The Australian Bureau of Statistics (ABS) has delayed the release of its 2023-24 survey of income and housing due to flaws in data collection and questionnaire design, impacting policy-making and economic analysis during a housing affordability crisis, creating a five-year data gap.

ABS Delays Housing, Income Data Release Due to Data Collection Flaws

The Australian Bureau of Statistics (ABS) has delayed the release of its 2023-24 survey of income and housing due to flaws in data collection and questionnaire design, impacting policy-making and economic analysis during a housing affordability crisis, creating a five-year data gap.

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What systemic factors contributed to the data collection issues faced by the ABS and other national statistical organizations?

The ABS's data failure highlights broader challenges faced by national statistical organizations globally. The UK's Office for National Statistics also faces difficulties, with falling response rates and concerns about data quality impacting the Bank of England's ability to make informed decisions. These issues underscore the increasing difficulty of collecting household data due to changing preferences and limited resources.

smh.com.au

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Jul 24, 10:13

Melbourne Developers Call for Flexible Apartment Design Rules

Melbourne developers are urging the Victorian government to relax strict apartment design rules to boost housing supply and affordability, arguing that current regulations stifle innovation and limit housing diversity.

Melbourne Developers Call for Flexible Apartment Design Rules

Melbourne developers are urging the Victorian government to relax strict apartment design rules to boost housing supply and affordability, arguing that current regulations stifle innovation and limit housing diversity.

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What are the immediate impacts of Melbourne's strict apartment design regulations on housing affordability and availability?

Melbourne developers are pushing for more flexibility in apartment design regulations to address the housing crisis. Neometro, an award-winning developer, argues that strict standards stifle innovation and limit housing variety, hindering efforts to make apartment living accessible to all.

dw.com

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Jul 23, 01:11

Germany's "Construction Turbo" Aims to Speed Up Housing Projects

German Housing Minister Verena Hubertz proposed a "construction turbo" to fast-track housing projects by streamlining building approvals, aiming to save €2.5 billion annually and alleviate the housing shortage, but facing criticism over potential environmental impacts and bureaucratic increases.

Germany's "Construction Turbo" Aims to Speed Up Housing Projects

German Housing Minister Verena Hubertz proposed a "construction turbo" to fast-track housing projects by streamlining building approvals, aiming to save €2.5 billion annually and alleviate the housing shortage, but facing criticism over potential environmental impacts and bureaucratic increases.

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What long-term economic and social consequences could result from this legislative change?

While potentially easing housing shortages, the "construction turbo" faces criticism. Concerns exist regarding environmental impacts from reduced regulations and increased bureaucracy. Critics argue that a comprehensive economic stimulus package, including low-interest loans, is necessary for a sustainable solution.

es.euronews.com

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Jul 22, 10:12

European Housing Crisis: Salaries Fail to Cover Rent in Lisbon and Istanbul

A new report reveals that in several European cities, particularly Lisbon and Istanbul, average net salaries are insufficient to cover the rent for a one-bedroom city-center apartment; the report, 'Mapping the World's Prices', compares net monthly salaries and rents in 69 global cities, highlighting...

European Housing Crisis: Salaries Fail to Cover Rent in Lisbon and Istanbul

A new report reveals that in several European cities, particularly Lisbon and Istanbul, average net salaries are insufficient to cover the rent for a one-bedroom city-center apartment; the report, 'Mapping the World's Prices', compares net monthly salaries and rents in 69 global cities, highlighting...

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What are the key factors contributing to the affordability crisis in major European cities, and what are the immediate consequences for residents?

In Europe, the cost of housing significantly impacts household budgets, with rental prices in city centers posing a considerable challenge, especially for low-income earners. In some locations, average net salaries are insufficient to cover rent for a one-bedroom apartment. This disparity is particularly acute in cities like Lisbon and Istanbul, where the rent-to-salary ratio exceeds 100%.

Showing 25 to 36 of 155 results