| Autor: |
Judith Yates, Vivienne Milligan, Hal Pawson |
| Rok vydání: |
2019 |
| Předmět: |
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| Zdroj: |
Housing Policy in Australia ISBN: 9789811507793 |
| DOI: |
10.1007/978-981-15-0780-9_8 |
| Popis: |
This chapter examines government-led responses to the intensifying shortage of affordable housing. The emphasis is on endeavours to enable low cost (below-market) rental housing development using public subsidies and other incentives to leverage private investment, alongside adoption of new institutional and governance arrangements for affordable housing services. The chapter explains the operating principles of the affordable housing business model, including the role of public subsidy to meet the gap in funding between required investor returns and revenue based on affordable rents. International approaches to public–private co-financing are showcased, followed by an interpretation of potential lessons for Australia. The current status of Australian efforts to adopt new investment models and an analysis of the main domestic barriers to private institutional investment in affordable housing are also included. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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