Australian businessman proposes bold solution to housing crisis

A new approach to entering the housing market in Australia has been proposed by one of the country’s leading entrepreneurs and finance executives.

It’s a structure already being used in 50 other countries and would take about five years to introduce locally, Talal Yassine OAM told news.com.au, revealing it provided a far easier pathway into home ownership than Australia’s current systems. The Islamic model, which Mr Yassine stressed was for everybody not just the Muslim community, was essentially a scheme that allowed people to “rent to own”.

Click here to view original web page at www.news.com.au

The Inspiring Not-For-Profit Creating Affordable Housing For Women In Need

There’s no two ways about it, Australia is in desperate need of more affordable rentals for those locked out of the housing market.

Women’s Property Initiatives is a non-for-profit working to provide these kinds of properties for women and children in need, connecting them with long-term, and affordable housing, which costs no more than 30 per cent of their income — however much that might be.

Thanks to this community housing model, women facing homelessness have found a safe place to call home in some architectural and special properties that they wouldn’t be able to secure alone.

Click here to view original web page at thedesignfiles.net

‘Dry season’ no respite for rough sleepers as homeless services in Cairns inundated with pleas for help

Winter is traditionally “dry season” in far north Queensland but this year it feels like the rain never stops falling. Especially for people who don’t have a roof over their head.

Homelessness levels ‘worst we’ve seen’: The Australian Bureau of Statistics reported a 5.2 per cent increase in homelessness nationally between 2016 and 2021, with more than 122,000 people sleeping rough experiencing homelessness.

Click here to view original web page at www.abc.net.au

Communities and Colleges Partnering to Address the Affordable Housing Shortage

Cities, towns and villages across the country are struggling with housing shortages and homelessness – and so are colleges. Homelessness has been on the rise since 2017, experiencing an overall 6 percent increase.

Click here to view original web page at www.nlc.org

Aerial photos show stark reality of housing crisis

New images have captured the stark reality for homeowners who, faced with a worsening cost-of-living crisis, have been priced out of big cities. The latest Regional Movers Index revealed migration to Australia’s regional centres was up 7.9 per cent in the first three months of the year.

The rate at which people emigrated to regional areas exceeded not only pre-pandemic levels but the Covid average, according to the data.

“From Western Australia to NSW and Queensland, the growing preference of Australians to live outside major cities is seeing regional cities like Geraldton in WA and Bathurst in NSW continue to gain population growth,” Ms Turner said.

Click here to view original web page at www.news.com.au

440,000 older Aussies risk not having housing by 2031

New research has found that hundreds of thousands of lower-income Australians aged 50 and over will be without suitable housing in less than a decade. The Australian Housing and Urban Research Institute (AHURI) released the findings in a new report, which examines how Australia could deliver the types of housing required by individuals who are in or approaching retirement, and who do not have affordable, secure housing.

The final report, titled ‘Inquiry into housing policies and practices for precariously housed older Australians’, was undertaken for AHURI by researchers from University of South Australia, RMIT University, Curtin University and Flinders University.

Click here to view original web page at www.realestatebusiness.com.au

Ageing in a housing crisis: growing numbers of older Australians are facing a bleak future

The collision between an ageing population and a housing crisis has left more older people in Australia enduring housing insecurity and homelessness. Our research , released today, explores how the scale of these problems among older people has grown over the past decade.

Our report, Ageing in a Housing Crisis, shows safe, secure and affordable housing is increasingly beyond the reach of older people. This growing housing insecurity is system-wide. It’s affecting hundreds of thousands of people across all tenures, including home owners and renters.

Click here to view original web page at theconversation.com

AHURI study identifies the barriers that lie ahead for a circular economy

Looking over a farming landscape to the horizon

Research released by the Australian Housing and Urban Research Institute (AHURI) has revealed that institutional barriers are preventing building materials from being recycled and renewed.

Commissioned by the Institute, researchers from RMIT and the University of Wollongong have analysed the life cycles of building materials in a bid to reduce the construction industry’s greenhouse gas (GHG) emissions.

Click here to view original web page at www.architectureanddesign.com.au

Back yard blitz: are Australia’s heritage laws thwarting housing density?

Sam Gravanis, 37, lives with his mother in a California bungalow in Sydney’s inner west with a huge back yard. His family’s 900-square-metre property includes 700 square metres of grass which is currently home to a small flock of chickens. Gravanis’s brother and young family are shortly returning from overseas and would like to build a new dwelling on the Dulwich Hill property.

But the local council is moving to put the house and three neighbouring properties on the heritage list. Gravanis, who is against the listing, says the family are struggling to get clarity on what that will allow them to do.

Click here to view original web page at www.theguardian.com

Housing plan will save renters $32 billion over a decade: Grattan

Rents could be up to 8 per cent lower, saving renters $32 billion in payments to landlords and real estate agents over the next decade, as Prime Minister Anthony Albanese sets up another fight with the Greens over national housing policy.

Independent analysis by the centrist Grattan Institute think tank shows upward pressure on rents will be reduced if states and territories deliver an extra 200,000 new homes on top of an initial target of 1 million.

Click here to view original web page at www.smh.com.au