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
‘Mortgage prison‘: Home owners facing budget squeeze as interest rates rise
Matthew Elmas The New Daily (No paywall)Australians are being hit with a double whammy of rising interest rates and falling property prices, with new data revealing even those who pay their mortgage bills on time could see their equity shrink by 2023.
https://thenewdaily.com.au/finance/property/2022/06/06/interest-…
# Australia, Housing market.Flying fixes: can drones help solve the repairs crisis in social housing?
John Wimperis Inside Housing (Paywall)Yorkshire Housing recently took part in a pilot scheme to carry out repairs inspections using drones. John Wimperis speaks to the landlord about what it learned from the project, and what the technology could mean for the sector
https://www.insidehousing.co.uk/home/home/flying-fixes-can-drone…
# International, Public and community housing, Repairs.Cabinet intervening in free market to keep rents affordable for middle class
(No paywall)From the Netherlands ... The Cabinet plans to interfere in part of the free market to keep rents affordable for people with a mid-level income, Minister Hugo de Jonge for Housing announced on Thursday. The government will also encourage the construction of more affordable housing. According to De Jonge, middle-class tenants often fall between the cracks, and people with low incomes spend so much on housing costs that they can't get by. That has to change.
https://nltimes.nl/2022/05/19/cabinet-intervening-free-market-ke…
# International, Affordable housing, Federal Government.‘Flawed vision’: Master plan for Sydney’s homes, jobs and transport slammed
Michael Koziol The Sydney Morning Herald (Paywall)The master plan underpinning Sydney’s growth for the coming decades undermines Parramatta’s potential, fails to combat the intense heat of outer western Sydney and places too much emphasis on motorways, two planning experts say. The academics also sow doubt about the utility of the Western Sydney Airport, warning air traffic trends are working against it and the economic activity associated with the aerotropolis is probably “exaggerated”.
https://www.smh.com.au/national/nsw/flawed-vision-master-plan-fo…
# NSW, Planning and development, Sydney.‘A very clear jolt’: Why house prices are tipped to fall even further
Melissa Heagney Domain (No paywall)Home sellers could face tough decisions in coming months, as auction clearance rates dip below 60 per cent in Sydney and Melbourne, pointing to further falls in property prices. Also read Kate Burke's article entitled: 'Why property prices could fall faster than first expected' in 'Domain' at: [https://www.smh.com.au/property/news/why-property-prices-could-fall-faster-than-first-expected-20220607-p5artg.html] Read Peter Hannam's article entitled: 'Double-digit drops in capital city property prices likely after RBA rate hikes' in 'The Guardian' at: [https://www.theguardian.com/australia-news/2022/jun/10/double-digit-drops-in-capital-city-property-prices-likely-after-rba-rate-hikes]
https://www.smh.com.au/property/news/a-very-clear-jolt-why-house…
# Australia, Housing market.New report finds housing affordability in dire straits
Georgia Allan (No paywall)In this blog, Georgia shares some of the high level findings of Anglicare Australia’s annual Rental Affordability Snapshot. It’s not a fantastic picture for our most vulnerable communities, so she also shares how Councils can access data that gives a wider view of the supply of affordable rentals in their area. (.id informed decisions blog)
https://blog.id.com.au/2022/housing-analysis/new-report-finds-ho…
# Australia, Rent, Affordable housing, Local Government.Declining Sydney property prices a forecast for the rest of Australia, experts say
Phoebe Bowden ABC (No paywall)As interest rates rise, Sydney house prices are dropping and experts say it is a "bellwether" for what is about to happen across the rest of the country.
https://www.abc.net.au/news/2022-06-08/sydney-property-prices-de…
# NSW, Housing market.I used these 6 strategies to make my rental feel more like home, and you can too
Lauren Vardy (No paywall)Homeowners aren’t the only people who deserve to love the space they live in. This is far from a revolutionary statement, but there are great reasons to invest energy and time into a space you’re renting. (rent.com.au)
https://www.rent.com.au/blog/strategies-rental-feel-like-home
# Australia, Rent, Home.