Policy in the Pub: Housing affordability: causes, consequences and solutions
Housing affordability: causes, consequences and solutions
This month’s talk is from Brendan Coates who will discuss housing affordability: the causes of rising house prices and rents, their consequences and the policy options for improving affordability.
Within living memory, Australia was a place where housing costs were manageable, and people of all ages and incomes had a reasonable chance to own a home close to jobs. But over 20 years, Australia house prices have more than doubled in real terms. And now, home ownership rates are falling among the young and the poor and many Australians are spending more on housing than they should have to.
This talk will discuss: (i) the causes of rising housing prices and rents, including the relative contributions of demand and supply side drivers; (ii) the policy implications of worsening affordability; and (iii) the policy actions that would really make a difference.
About the speaker
Brendan Coates is Australian Perspectives Fellow at the Grattan Institute and is the co-author of an upcoming Grattan Institute report on housing affordability. Brendan’s research focuses on tax reform, economic and budget policy, retirement incomes and superannuation, housing, transport infrastructure and cities. Before Grattan, Brendan worked as a macro-financial economist with the World Bank in Indonesia and Latin America, and prior to that, he undertook a number of roles with the Australian Treasury.
The evening is being held at 5.30pm Wednesday 21 February 2018 at the Kelvin Club 14-30 Melbourne Place, just off Russell St. There will be drinks and nibbles from 5pm for those who can get there a bit earlier
From: Wednesday February 21, 2018, 5:30 pm
To: Wednesday February 21, 2018, 6:30 pm
14-30 Melbourne Place, Melbourne VIC 3000