Housing Policy, Housing Assistance and the Wellbeing Dividend: Developing an Evidence Base for Post-GFC Economies

Andrew Beer, Emma Baker, Gavin Wood, Peta Raftery

    Research output: Contribution to journalArticlepeer-review

    23 Citations (Scopus)

    Abstract

    This paper discusses the recent evolution, at a time of turmoil within global financial markets, of Australia's housing system and considers the effectiveness of housing assistance responses formulated to assist lo- income Australians. Following the Global Financial Crisis (GFC), housing was recast in the public and political consciousness and received substantial policy attention. In this era of rapidly declining housing affordability as well as threats to the supply of housing finance, the Australian Government renewed its approach to housing assistance. The paper examines housing assistance in Australia and assesses individual outcomes in terms of a 'wellbeing dividend'. It draws upon on a survey of 1700 low-income households to examine individual outcomes for health and wellbeing across three of Australia's major forms of housing assistance. The research clearly shows that while housing assistance makes a positive contribution to wellbeing, not all forms of assistance are equal.

    Original languageEnglish
    Pages (from-to)1171-1192
    Number of pages22
    JournalHousing Studies
    Volume26
    Issue number7-8
    DOIs
    Publication statusPublished - Oct 2011

    Keywords

    • homeownership
    • housing affordability
    • Housing assistance
    • housing policy
    • non-shelter benefits
    • wellbeing

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