cover image: Measuring housing affordability: Scoping the real cost of housing

Measuring housing affordability: Scoping the real cost of housing

18 Sep 2024

427 Measuring housing affordability: Scoping the real cost of housing 3 Executive summary Measuring the housing-energy-transport nexus The various studies and research methodologies analysed in this report collectively offer a more comprehensive and refined understanding of housing affordability beyond the normative measure of housing stress through the 30:40 housing cost-to-income ratio. [...] Housing and non-housing goods and services Related to both housing affordability and housing quality, research has shown how experiences of housing stress can limit a household’s capacity to consume essential housing-related goods and services, the outcome of which can lead to material deprivation, including food insecurity, medical care hardship and energy hardship (Acolin and Reina 2022; Azpitar. [...] Critical commentators have stressed the need for policy makers to consider the spatial dimensions of housing affordability issues beyond housing cost-to-income ratios (Haffner and Hulse 2021; Rowley and Ong 2012), and to recognise the health, social and economic implications related to the spatial diffusion of housing that is both affordable and accessible to lower-income households (Burke, Stone. [...] This involves highlighting the significance of housing quality and location, housing-related poverty (such as energy, transportation and commuting hardship), and the ways in which the geographies of housing affordability shape the capacity of lower-income households to access essential resources and services. [...] Commonly identified data sources include the ABS Housing Expenditure Survey and ABS Survey of Income and Housing; the HILDA survey; the Australian Housing Conditions Dataset; and a suite of location-specific and organisation-specific housing affordability surveys.

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Pages
69
Published in
Australia

Table of Contents