Housing News Digest
Housing News Digest
The Tenants' Union Housing News Digest compiles our pick of items from all the latest tenancy and housing media, sent once per week, on Thursdays.
Below is the Digest archive from November 2020 onwards. From time to time you will find additional items in the archive that did not make it into the weekly Digest email. Earlier archives are here, where you can also find additional digests by other organisations.
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Archive
Crowded house(s): Can New Zealand’s planning reforms show Sydney the way?
Michael Koziol The Sydney Morning Herald (Paywall)New Zealand has given us Crowded House, Russell Crowe and pavlova – could it now deliver us an elegant solution to the housing affordability crisis? The Kiwi government has laid down the gauntlet to the country’s five biggest cities with two major pieces of urban planning law designed to boost density.
https://www.smh.com.au/national/nsw/crowded-house-s-can-new-zeal…
# NSW, Affordable housing, Planning and development, State Government.‘Difficult trade-offs’: Sydney neighbourhoods with the most heritage homes
Nigel Gladstone and Tawar Razaghi Domain (No paywall)A high concentration of heritage-protected homes along socioeconomic lines may lead to inequitable outcomes for Sydney, experts warn, as Herald analysis shows inner-city councils have more heritage listings than elsewhere. The uneven recognition risks the loss of heritage in poorer parts of Sydney while maintaining and increasing the value of properties in affluent pockets, experts said. Far-flung areas are almost bereft of any heritage listed homes and some western Sydney councils have no local conservation areas at all.
https://www.smh.com.au/property/news/difficult-trade-offs-sydney…
# NSW, Heritage listings, Housing market, Local Government, Sydney.The plan for 483 apartments next to a cathedral in historic Sydney district
Caitlin Fitzsimmons The Sydney Morning Herald (Paywall)A plan to replace a disused pharmaceutical factory with 483 rental apartments in Harris Park faces opposition from the custodians of the suburb’s early-colonial historic district, and the thriving Lebanese Maronite community at the adjoining cathedral. ... Pacific Community Housing director Matthew Daniel, who partnered with the owner to develop the concept, said the developers had consulted extensively with the community and the plans for up to eight storeys were already scaled back from an original proposal for 36 storeys.
https://www.smh.com.au/national/nsw/the-plan-for-483-apartments-…
# NSW, Rent, Affordable housing, Heritage listings, Local Government, State Government.Filtering as a source of low-income housing in Australia: conceptualisation and testing
Christian Nygaard, Ryan van den Nouwelant, Stephen Glackin, Chris Martin and Alistair Sisson AHURI (No paywall)Filtering is a market-based process whereby the supply of new, higher quality dwellings for higher- and middle-income households may also lead to additional supply of dwellings for lower income households. As properties age and their perceived quality drops, over time they move down the economic hierarchy through successively lower market segments or sub-markets, becoming a supply of ‘naturally occurring affordable housing’. ... This study investigated how filtering contributes to market-provided low-income housing in Australia. It critiques the conceptualisation of filtering as a source of housing for low-income households, tests for the presence of filtering dynamics in housing markets (using Melbourne and Sydney as case studies) and considers policy options for enhancing (if so desired) filtering as a policy tool.
# Research alert Australia, Public and community housing, Affordable housing, Housing market.Calls to build more one-bedroom apartments ... in Dubbo?
Tawar Razaghi Domain (No paywall)Experts and locals have called for more homes to be built in regional Australia to improve the cost of housing since it went through the roof during the pandemic-era property boom. Country and coastal towns with an acute shortage of housing also need different types of homes to be built, rather than just house and land packages on their fringes, to provide options to residents and help bring down the price of housing, a panel has heard at the Regional Australia Institute’s national summit in Canberra on Wednesday.
https://www.smh.com.au/property/news/calls-to-build-more-one-bed…
# NSW, Housing market, Regional NSW.NSW is heading towards timber ‘crisis’ for new homes, committee told
Jack Gramenz The New Daily (No paywall)Just as higher interest rates begin to make a dent in property prices, there is a new headache for people trying to break into the property market. A looming timber “crisis” threatens to delay the supply of new homes. Builders have been crying out about supply shortages for more than a year and now a New South Wales parliamentary committee has spelled it out in black and white.
https://thenewdaily.com.au/finance/property/2022/09/15/nsw-timbe…
# NSW, Housing market.Lowe calls for higher taxes, predicts house price falls and rising unemployment
Rachel Clun and Shane Wright The Sydney Morning Herald (Paywall)Higher taxes and cuts in spending are vital if the government wants to fund quality services and repair the budget, Reserve Bank governor Philip Lowe has told politicians while warning home prices are likely to fall 10 per cent as interest rates rise.
https://www.smh.com.au/politics/federal/soft-landing-not-certain…
# Australia, Housing affordability, Housing market.One group of buyers is missing out in the property downturn
Elizabeth Redman Domain (No paywall)First home buyers have dropped out of the property market more sharply than upgraders and downsizers, new figures show, as rising interest rates reduce the amount of money they can borrow.
https://www.smh.com.au/property/news/one-group-of-buyers-is-miss…
# Australia, Home ownership, Housing market.