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The Routledge Handbook of Housing Economics brings together an international panel of contributors to present a comprehensive overview of this important field within economics. Housing occupies an increasingly central role in modern society, dominating consumer assets and spending, forming an important part of social policy and being a large enough market to impact the macroeconomy. This handbook tackles these themes, along with other critical issues such as intergenerational housing inequality and the efficiency and social justice of housing interventions. This volume is structured in four main parts. It starts with eight chapters in microeconomics and housing. This is followed by two short...
2023 was a year of consequence, at home and across the world. For Australia, the year was dominated by the Voice to Parliament, shifting security challenges, and the plight of everyday Australians grappling with a housing crisis, inflation and economic uncertainty. Globally we saw continuing war in Ukraine and deadly new conflict in Israel, ethical considerations of artificial intelligence and devastating reports on climate change. Working together, The Conversation's academics and journalists covered these issues and more, providing evidence-based research to help guide policy-makers and everyday Australians to make informed decisions at a pivotal time. This is a record of their work on the frontlines in this year of consequential decisions. Contributors include: Marcia Langton Frank Bongiorno Matthew Sussex Brian Schmidt Richard Denniss Emma Beckett Peter Martin Kevin Brophy Carol Lefevre Sally Young John Maynard Emma Shortis David Lindenmayer Sandra Phillips Jim Stanford Foreword by Michelle Grattan.
Although neighborhoods are sometimes perceived as just a backdrop to our lives, there is considerable evidence that they are central to our sense of wellbeing, and in the functioning of the city. Rethinking Neighborhoods is about these areas of geography: what we know about how neighborhoods function, why they matter and how we chose where to live.
Every five years, the Australian treasurer is required to publish an intergenerational report (IGR), which examines the long-term sustainability of current government policies and seeks to determine how demographic, technological and other structural trends might affect the economy and the budget in coming decades. Despite these lofty objectives, the five IGRs produced from 2002 have received only muted applause. Critics say that they are too mechanical, too narrow and too subject to the views of the government of the day and that they don’t provide the intended wake-up call for public understanding of looming economic, social and environmental issues. This analysis of the most recent IGR ...
This book, the first comprehensive overview of housing policy in Australia in 25 years, investigates the many dimensions of housing affordability and government actions that affect affordability outcomes. It analyses the causes and implications of declining home ownership, rising rates of rental stress and the neglect of social housing, as well as the housing situation of Indigenous Australians. The book covers a period where housing policy primarily operated under a neo-liberal paradigm dominated by financial de-regulation and fiscal austerity. It critiques the broad and fragmented range of government measures that have influenced housing outcomes over this period. These include regulation,...
Is Australia fair enough? And why does inequality matter anyway? In Battlers and Billionaires, Andrew Leigh weaves together vivid anecdotes, interesting history and powerful statistics to tell the story of inequality in this country. This is economics writing at its best. From egalitarian beginnings, Australian inequality rose through the nineteenth century. Then we became more equal again, with inequality falling markedly from the 1920s to the 1970s. Now, inequality is returning to the heights of the 1920s. Leigh shows that while inequality can fuel growth, it also poses dangers to society. Too much inequality risks cleaving us into two Australias, occupying fundamentally separate worlds, with little contact between the haves and the have-nots. And the further apart the rungs on the ladder of opportunity, the harder it is for a kid born into poverty to enter the middle class. Battlers and Billionaires sheds fresh light on what makes Australia distinctive, and what it means to have – and keep – a fair go.
Inequality is the key political issue of our time. Danny Dorling wrote his seminal work Injustice: Why social inequality persists in 2010, and as an early proponent of rapidly reducing economic inequalities, he is now much sought-after as one of the foremost contributors to the debates surrounding it. Here Dorling brings together brand new material alongside a carefully curated selection of his most recent writing on inequality from publications as wide ranging as the Daily Telegraph, the Guardian, New Statesman, Financial Times and the China People’s Daily. Covering key inequality issues including politics, housing, education and health, he explores whether we have now reached ‘peak inequality’. He concludes, crucially, by predicting what the future holds for Britain, as attempts are made to defuse the ticking time bomb while we simultaneously try to negotiate Brexit and react to the wider international situation of a world of people demanding to become more equal.
In context of ongoing transformations in housing markets and socioeconomic conditions, this book focuses on past, current and future roles of home ownership in social policies and welfare practices. It considers owner-occupied housing in terms of diverse meanings and manifestations, but in particular the part played by housing tenure in the political, socioeconomic and demographic changes that have characterized the pre- and post-crisis era. The intensified promotion of home ownership in recent decades helped stimulate an increasing orientation towards the private consumption of housing, not only as a home, but also an asset – or possibly speculative vehicle – that enhances household eco...
The last twenty years have witnessed an important movement in the aspirations of public policy beyond meeting merely material goals towards a range of outcomes captured through the use of the term 'wellbeing'. Nonetheless, the concept of wellbeing is itself ill-defined, a term used in multiple different contexts with different meanings and policy implications. Bringing together a range of perspectives, this volume examines the intersections of wellbeing and place, including immediate applied policy concerns as well as more critical academic engagements. . Conceptualisations of place, context and settings have come under critical examination, and more nuanced and varied understandings are dra...