How do low income housing supply shocks affect housing affordability?

Housing markets are becoming more expensive, which means that low-income households are facing higher prices and rents.But what exactly is the impact of rising house prices?This article examines how housing supply shock impacts affordability and the extent to which these changes affect people on low incomes.The article will also look at the role of the Reserve Bank in affecting housing […]

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How much did the Australian Housing Commission pay for a pizza house?

Anale House is an Australian property developer that bought a former Victorian home in Melbourne’s northern suburbs and turned it into an upscale pizza house.The property, which was built in 2014, has been on the market since November.But anale house paid $12,000 for the home, according to the Adelaide Advertiser.The developer had also been seeking to buy another property at […]

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Low income home buyers ‘open house’ for new listings

Home sales in the United Kingdom fell to a six-year low in October, as investors and homebuyers sought to sell as much as possible as the Bank of England tightened monetary policy and the government prepares to hold another national budget.The data from the British Home Builders Association showed that sales fell in October from the same month last year, […]

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