Housing market dynamics in rural and regional Australia

Rural and regional housing markets experience many of the same demand and supply drivers as their urban counterparts. However, there are many factors unique to rural and regional centres, both geographical and institutional, which have a significant impact on housing market dynamics. Many of these t...

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Main Author: Rowley, Steven
Other Authors: Dr Geoff Page
Format: Conference Paper
Published: University of South Australia 2012
Online Access:http://www.prres.net/papers/Rowley_Housing_Market_Dynamics.pdf
http://hdl.handle.net/20.500.11937/28193
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author Rowley, Steven
author2 Dr Geoff Page
author_facet Dr Geoff Page
Rowley, Steven
author_sort Rowley, Steven
building Curtin Institutional Repository
collection Online Access
description Rural and regional housing markets experience many of the same demand and supply drivers as their urban counterparts. However, there are many factors unique to rural and regional centres, both geographical and institutional, which have a significant impact on housing market dynamics. Many of these towns are ill equipped to deal with the rapid pace of change within their housing markets; from population growth stemming from mining activities or sea/tree change movements for example. The result is rapidly declining affordability leading to a range of social issues. But local government is often powerless to respond because it lacks the capacity and knowledge to deliver an appropriate supply response. Staffing and skill issues exist on the planning side but additionally, many towns missed out on government stimulus schemes to boost social housing supply, or deliver NRAS units, because they were unable to devote the time, or lacked the expertise, to complete the many complex application processes. Based on research funded by the Australian Housing and Urban Research Institute (final report no. 165), this paper details some specific examples where housing policy has failed towns and cities in rural and regional Australia. It discusses the decline of affordability, particularly in the private rental market, and recommends how policy could be better focused on delivering housing solutions within regional Australia. The paper concentrates on the case studies of Chinchilla and Townsville to illustrate housing market outcomes in rural and regional Australia.
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spelling curtin-20.500.11937-281932017-01-30T13:03:38Z Housing market dynamics in rural and regional Australia Rowley, Steven Dr Geoff Page Rural and regional housing markets experience many of the same demand and supply drivers as their urban counterparts. However, there are many factors unique to rural and regional centres, both geographical and institutional, which have a significant impact on housing market dynamics. Many of these towns are ill equipped to deal with the rapid pace of change within their housing markets; from population growth stemming from mining activities or sea/tree change movements for example. The result is rapidly declining affordability leading to a range of social issues. But local government is often powerless to respond because it lacks the capacity and knowledge to deliver an appropriate supply response. Staffing and skill issues exist on the planning side but additionally, many towns missed out on government stimulus schemes to boost social housing supply, or deliver NRAS units, because they were unable to devote the time, or lacked the expertise, to complete the many complex application processes. Based on research funded by the Australian Housing and Urban Research Institute (final report no. 165), this paper details some specific examples where housing policy has failed towns and cities in rural and regional Australia. It discusses the decline of affordability, particularly in the private rental market, and recommends how policy could be better focused on delivering housing solutions within regional Australia. The paper concentrates on the case studies of Chinchilla and Townsville to illustrate housing market outcomes in rural and regional Australia. 2012 Conference Paper http://hdl.handle.net/20.500.11937/28193 http://www.prres.net/papers/Rowley_Housing_Market_Dynamics.pdf University of South Australia restricted
spellingShingle Rowley, Steven
Housing market dynamics in rural and regional Australia
title Housing market dynamics in rural and regional Australia
title_full Housing market dynamics in rural and regional Australia
title_fullStr Housing market dynamics in rural and regional Australia
title_full_unstemmed Housing market dynamics in rural and regional Australia
title_short Housing market dynamics in rural and regional Australia
title_sort housing market dynamics in rural and regional australia
url http://www.prres.net/papers/Rowley_Housing_Market_Dynamics.pdf
http://hdl.handle.net/20.500.11937/28193