Australian Housing and Urban Research Institute AHURI

A significant issue for both housing and urban policy is an adequate supply of housing to accommodate the current and projected demand for housing. The National Housing Supply Council has highlighted the serious shortfall between housing supply and demand from households (NHSC 2012). While there are...

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Bibliographic Details
Main Authors: Rowley, Steven, Costello, Greg, Higgins, D., Phibbs, P.
Format: Report
Published: Australian Housing and Urban Research Institute 2014
Online Access:http://www.ahuri.edu.au/publications/projects/p81009
http://hdl.handle.net/20.500.11937/46742
Description
Summary:A significant issue for both housing and urban policy is an adequate supply of housing to accommodate the current and projected demand for housing. The National Housing Supply Council has highlighted the serious shortfall between housing supply and demand from households (NHSC 2012). While there are various reasons for this undersupply, a key but often overlooked consideration is the financing of residential developments. In most cases, without financing (debt, equity or some combination), residential development is not possible (Miles et al. 2007).