2018 Churchill Fellowship Report: How can shared equity can become a mainstream solution to housing affordability in Australia

Abstract

This report outlines the shared equity models available in both the USA and UK, and explores
the comparative roles of government, philanthropy and private finance to support the
provision of schemes in these markets. The market response to both housing development and
housing finance are also considered along with an understanding of the home buyer’s
perspective as they review the benefits and limitations of a shared equity solution. Finally, a
suite of recommendations has been proposed to support shared equity as a mainstream
solution to housing affordability for Australian households. A coordinated approach by
government, non-profits and the finance industry is essential to ensure the great Aussie dream
of home ownership is attainable to a greater number within the community.