Posts Tagged ‘social justice’

Australia’s housing market goes crazy — again. In this Inside Story article our Lead Moderator Peter Mares says that the impact of the pandemic on housing has yet to run its course, and Melbourne’s bizarre combination of rising property prices and plummeting rents should caution us against relying heavily on “the market” to allocate a crucial good such as housing.

Inside Story, 15 February 2021

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housing

A $7.7 billion investment to build 30,000 homes and repair thousands more would raise economic output by $15.7 billion.

Peter Mares, Cranlana Centre’s Lead Moderator, says that as we mark the 75th anniversary of the end of World War II, the pandemic calls for a level of nation building ambition similar to 1945 — when the urgent need to build housing as part of post-war reconstruction forged the first 10-year Commonwealth-state housing agreement.

In the subsequent decades housing policy involved similar agreements, with the federal government funding the states to build social housing. Over the past 25 years we have dropped the ball. Now is the time to pick it up again.

via Crikey Inq, 31 August 2020

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