Can we make affordable, accessible housing financially feasible in Sydney?

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Show simple item record Macdonald, Heather en_US
dc.contributor.editor Dixon, J., Dupuis, A., and Lysnar, P. en_US 2012-10-12T03:36:48Z 2012-10-12T03:36:48Z 2010 en_US
dc.identifier 2011001666 en_US
dc.identifier.citation Macdonald Heather 2010, 'Can we make affordable, accessible housing financially feasible in Sydney?', , The University of Auckland, Auckland, NZ, , pp. 1-18. en_US
dc.identifier.issn 978-0-473-20150-0 en_US
dc.identifier.other E1 en_US
dc.description.abstract Stimulating affordable, accessible infill development is essential if Sydneya??s housing deficit is to be reduced without the environmental impacts of large scale Greenfield development. But despite a Metro Strategy that targets 70% of new development for infill sites, an enhanced array of Commonwealth and State housing supply subsidies, and increased state government intervention in development regulation, too little affordable market rate housing is being developed (NHSC 2010). One important reason claimed by some commentators is that low-priced housing is not financially feasible in accessible locations. Some interesting recent analyses have identified a significant gap between the costs of housing development and the price at which it will sell, and suggest that merely increasing densities will not resolve this problem (NHSC 2010; Graus 2010). Is it possible to rethink the form in which subsidies are provided, or the ways that development is regulated, to enable developers to produce housing that is both affordable and accessible? This paper investigates this question, using a hypothetical set of development options for three sites in Sydneya??s middle ring suburban southwest. I focus on market rate housing affordable to new home buyers (although there is significant overlap with the provision of affordable market rate rental housing). I do not address the provision of social housing which generally provides deeper subsidies to low income households, although the argument presented here may have implications for subsidized housing provision. Sydneya??s housing affordability problems stretch quite far up the income distribution, with median home prices reaching $625,488 in mid-2010 (APM 2010). en_US
dc.language English en_US
dc.publisher The University of Auckland en_US
dc.relation.isbasedon en_US
dc.title Can we make affordable, accessible housing financially feasible in Sydney? en_US
dc.parent 5th Australasian Housing Researchers' Conference, 17-19 November 2010: refereed papers en_US
dc.journal.volume en_US
dc.journal.number en_US
dc.publocation Auckland, NZ en_US
dc.identifier.startpage 1 en_US
dc.identifier.endpage 18 en_US DAB.Faculty of Design, Architecture and Building en_US
dc.conference Verified OK en_US
dc.for 120500 en_US
dc.personcode 108598 en_US
dc.percentage 100 en_US Urban and Regional Planning en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom 5th Australasian Housing Rersearcher's Conference en_US 20101117 en_US
dc.location.activity Auckland, NZ en_US
dc.description.keywords en_US
dc.staffid en_US
dc.staffid 108598 en_US

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