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This book explores the decline and growth of the private rental sector in Australia delving into the changing dynamics of landlord investment and tenant profile over the course of the twentieth century and into the present period. It explains why over one in four Australian households are now private renters and investigates the contemporary legal and regulatory frameworks governing the sector. The reform discourses in Australia and comparator countries, and debates around key concerns such as Australia’s advantageous tax treatment of investors in rental property and the power imbalance between tenants and landlords are highlighted. The book draws on rich data: 600 surveys and close to 100 in-depth interviews with tenants in high, medium and low rent areas in Sydney and Melbourne and regional New South Wales. The book provides in-depth insights into this large and expanding component of Australia’s housing market and shows how being a private renter shapes the everyday lives and wellbeing of people and households who rent their housing including short and long-term renters, those on low and higher incomes and older as well as younger people.
This book explores the decline and growth of the private rental sector in Australia delving into the changing dynamics of landlord investment and tenant profile over the course of the twentieth century and into the present period. It explains why over one in four Australian households are now private renters and investigates the contemporary legal and regulatory frameworks governing the sector. The reform discourses in Australia and comparator countries, and debates around key concerns such as Australia’s advantageous tax treatment of investors in rental property and the power imbalance between tenants and landlords are highlighted. The book draws on rich data: 600 surveys and close to 100 in-depth interviews with tenants in high, medium and low rent areas in Sydney and Melbourne and regional New South Wales. The book provides in-depth insights into this large and expanding component of Australia’s housing market and shows how being a private renter shapes the everyday lives and wellbeing of people and households who rent their housing including short and long-term renters, those on low and higher incomes and older as well as younger people.
This book, the first comprehensive overview of housing policy in Australia in 25 years, investigates the many dimensions of housing affordability and government actions that affect affordability outcomes. It analyses the causes and implications of declining home ownership, rising rates of rental stress and the neglect of social housing, as well as the housing situation of Indigenous Australians. The book covers a period where housing policy primarily operated under a neo-liberal paradigm dominated by financial de-regulation and fiscal austerity. It critiques the broad and fragmented range of government measures that have influenced housing outcomes over this period. These include regulation, planning and tax policies as well as explicit housing programs. The book also identifies current and future housing challenges for Australian governments, recognizing these as a complex set of inter-connected problems. Drawing on its coverage of the economics, politics and administration of housing provision, the book sets out priorities for the transformational national strategy needed for a fairer and more productive housing system, and to improve affordability outcomes for the most vulnerable Australians.
A new focus on private renting has been brought into sharp relief by the global financial crisis, with its profound impact on mortgage finance, housing markets and government budgets. Written by specially commissioned international experts and s
This edited collection analyses recent changes in the private rental housing market, using case studies from the UK, Europe, Australia and the USA, and assesses the initial impacts of the COVID-19 pandemic.
Over the last two decades new and significant demographic, economic, social and environmental changes and challenges have shaped the production and consumption of housing in Australia and the policy settings that attempt to guide these processes. These changes and challenges, as outlined in this book, are many and varied. While these issues are new they raise timeless questions around affordability, access, density, quantity, type and location of housing needed in Australian towns and cities. The studies presented in this text also provide a unique insight into a range of housing production, consumption and policy issues that, while based in Australia, have implications that go beyond this national context. For instance how do suburban-based societies adjust to the realities of aging populations, anthropogenic climate change and the significant implications such change has for housing? How has policy been translated and assembled in specific national contexts? Similarly, what are the significantly different policy settings the production and consumption of housing in a post-Global Financial Crisis period require? Framed in this way this book accounts for and responds to some of the key housing issues of the 21st century.
During the past decade, Ireland’s economic growth has attracted international attention. This book analyses the consequences of that growth on housing and serves as a primer to other countries on the complexities of delivering sustainable housing solutions in the face of economic success. It introduces key housing developments and also reports on the findings of the latest research on the transformation of the sector in the past decade.
This unique collection of essays, written by leading practitioners, policy makers and academics, looks at patterns of landlord and tenant law: past, present and future. Each sector is explored - commercial, long residential, housing, and agricultural - by taking a look backwards and forwards. The chapters explore the role that legislative, judicial, and policy developments, and market forces have played, and will continue to play, in shaping the law. Two chapters are devoted to the seminal case of Street v Mountford and its contemporary significance. A comparison is also made with the position in Australia and the United States. The book provides a scholarly reflection on the principles of leasehold law that will be of interest to practitioners, academics, and students of landlord and tenant law.
The old saying ‘safe as houses’ is being challenged around the world like never before. Over recent decades homeowners have experienced the devastating effects of defects like asbestos, leaky buildings, structural failings, and more recently the combustible cladding crisis. The provision of safe and secure housing is a critical starting point to ensure that social value can be delivered in the built environment. However, some of these dangerous defects have resulted in a lack of security, safety, health, well-being, and social value for households and the wider community. The problems homeowners experience go beyond the substantial financial costs for defect rectification. Too often there has been a lack of government and industry support to help the housing consumer through these issues or to prevent them from occurring to begin with. It is time for a rethink and restructure of government policy, support, and industry practices to better protect housing consumers and deliver high-quality and sustainable housing that creates social value. Through evidence-based research and international case studies, this book focuses on the effects that dangerous defects have on the housing consumer. The ongoing construction cladding crisis is used as a primary case study throughout to highlight these implications, with other previous large-scale defect examples, such as leaky buildings and asbestos. Based upon the range of emerging evidence, we propose ideas for policy makers, construction and built environment professionals, owners corporations, and households on how to move forward towards a higher-quality, sustainable, and socially valuable way of residential living. Government policy has long focused on ‘making industry work’ through building regulations and standards. It is now time for greater government and industry focus on the consumer to make ‘consumer protection work’ in the built environment. There is a need to prevent dangerous defects like combustible cladding, better support consumers when defects emerge, and to create buildings for social value rather than minimum standards. Now is the time to build a better future for the end-user.
"This is a book that recognises that regions matter - what takes place in our diverse regions fundamentally determines the nation's quality of life. It delves behind the headlines and speeches and considers the true state of Australia's metropolitan and non-metropolitan regions, and what can be done to improve their economic, social and environmental wellbeing. This practical book draws upon regional development theory, and national and international experience, to set out the principles and strategies that can be used to establish a stronger future for our regions"-- back cover.