Housing: The Great Australian Dream Project
Economics & Deregulation / Housing: The Great Australian Dream Project
The Great Australian Dream Project
The Great Australian Dream project looks at the impact of regulatory policy on housing affordability, home ownership and housing production. The project aims to promote policies to increase the accessibility and reduce the costs of home ownership for Australians. In particular, the Institute of Public Affairs looks at the relationship between land supply restrictions and how those restrictions artifically inflate the price of house and land. This relationship is examined in the 2006 book The Tragedy of Planning: Losing the Great Australian Dream.
More information about the Great Australian Dream Project.
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News
Change of climate an ill wind for carbon tax
THE Wall Street share market crash in October 1929 sparked off the Great Depression in the 1930s. Will Wall Street's latest financial collapse...
Sydney shuts the door on affordable average price
Australia is now at the top of the pack in terms of the shameful measure of housing affordability. House price collapses in Britain and California...
Regulations retard home ownership
Housing issues are always news in Victoria. Now we have resident action groups opposing new apartment building in inner suburbs. Moonee Valley was...
How to plan for a fiasco
For more than 50 years the average Australian was able to buy their first home on the average wage. Traditionally, the median house price was about...
State can't afford a home affordability crisis
From the Gold Coast to Cairns, local elections have delivered office to people whose platform was aimed at controlling (read ``preventing'')...
More land, lower prices - guaranteed
At the end of last year, the average Australian house sold for $471,000, according to the Real Estate Institute - a 12% increase on the year...
Publications
Sydney now has world's most unaffordable housing - New research
According to new research by the free market think tank the Institute of Public Affairs (IPA), the fall of house prices in the United States has left Sydney with the most expensive housing in the world.
How land supply restrictions have locked young people out of the housing market
Adjusted for inflation, the price of houses in Australia has more than doubled (trebled in Sydney and Perth) over the past 30 years. How has this occurred? In a landmark address to the Housing Industry Association in July 2005, the Institute of...
Locked Out: How Victoria's land supply laws are keeping young people out of the housing market
In reviewing the costs of new housing in Melbourne the conclusion is that housing is unaffordable for ordinary families who are not already home owners. The cause of this is state government policies, especially restrictions on land release. In...