Hunter Housing & Investment

Hunter Housing & Investment

Is Australia’s housing crisis self-inflicted? If so, then we need a series of reforms to reverse it
The best long-term solution to the structural problems of the rental crisis is to build more public and/or affordable housing.

Make renting more Sustainable. Increase rent assistance or look at rental caps, similar to countries in Europe and some US states, long term tenancy agreements with incentives for all parties to the agreement.

Build to Rent
The Build to Rent property sector is growing in Australia – this new class of housing is focused on providing high quality purpose designed and built rental stock, creating an additional housing choice for Australian renters with greater security and service.

Build to Rent developments are typically owned by institutional investors for the long term and the owner could be the developer/ongoing building manager. The format provides tenants with the flexibility of renting with the security of home ownership.

Build-to-Rent developments are usually large-scale residential properties specifically designed, built and managed for long-term ownership and rental.

Social Housing
In the 40 years between 1981 and 2021 the percentage of all Australian households living in social housing (i.e. state owned and managed public housing or community managed housing) has ranged from 4.9 per cent in 1981 to 3.8 per cent in 2021. Such a drop in the proportion of social housing raises the question of has Australia achieved the balance right, and also just what is the right level of social housing for Australia?

In 2018 Statistics Canada said 628,700 Canadian households, more than one in ten renter households nationally (13.5% of 4,652,500), were living in social and affordable housing.
In New Zealand, as of 30 June 2021, there were 74,337 public housing households. This equates to 4.0% of households living in social housing.

In England (in 2018) 17% of households (3.9 million) lived in social housing, while the U.S. Department of Housing and Urban Development publishes that 1.2 million households live in public housing, which is 0.98 per cent of all housing.