Tag: Housing Affordability
-
Poll shows Zohran Mamdani’s lead narrowing in NYC mayoral race during final weekend of early voting
Overview: A tightening lead as early voting concludes The race for New York City’s next mayor entered a pivotal stretch over the final weekend of early voting, with new data suggesting that Zohran Mamdani’s previously pronounced lead may be narrowing. The latest poll figures, released ahead of Election Day, reflect a contest that remains fluid…
-
Sharing Experiences: Navigating Australia’s Housing Market in 2025
Introduction: A Snapshot of the Australian Housing Landscape Many Australians are weighing the options between buying their first home and securing a stable, affordable rental. The housing market has shifted in recent years, with rising prices in major cities and fluctuating interest rates testing both prospective buyers and renters. For households at the outset of…
-
Mamdani, Cuomo and Sliwa Spar in New York City Mayoral Debate
First Debate Sparks a Three-Way Showdown in NYC’s Mayoral Race New York City’s mayoral contest kicked off its televised debate season with a high-stakes exchange among three frontrunners: Zohran Mamdani, Andrew Cuomo, and Curtis Sliwa. The event, held on stage before a national audience, addressed pressing urban concerns—from crime and policing to affordability and transit—while…
-
Australia’s Fertility Falls: Baby Recession Deepens in 2024
Australia Faces a Deepening Baby Recession in 2024 The latest data from the Australian Bureau of Statistics (ABS) reveals a troubling trend: the nation’s fertility rate fell to a record low of 1.48 babies per woman in 2024, down from 2023. Alongside this decline, Australians are having children later, with the median age for mothers…
-
Australia’s baby recession deepens as fertility hits new low, experts warn on long-term costs
Australia’s baby recession deepens with record-low fertility The latest release from the Australian Bureau of Statistics (ABS) confirms that Australia’s fertility rate has fallen to a record low, underscoring a long-running demographic trend that experts say will reshape the country’s future in several tangible ways. In 2024, the total fertility rate stood at 1.48 babies…
-
Australia’s baby recession deepens as fertility hits record low
Australia’s fertility rate hits a new low The latest data from the Australian Bureau of Statistics (ABS) confirms that Australia’s birth rate continues to slide, with the total fertility rate dipping to a record low of 1.48 babies per woman in 2024. This marks a further decline from 2023 and reinforces a multi-decade trend toward…
-
Millennials Lead the Charge as Buy-to-Let Investors Shift in England and Wales
Generational shift reshapes the buy-to-let landscape A notable generational shift is underway in England and Wales’ buy-to-let market. New analysis of Companies House data by Hamptons reveals that millennials—people born between 1981 and 1996—now account for half of all new buy-to-let investors. This marks a striking change from five years ago, when millennials made up…
-
Rising Rents in Australia: 44% Jump in Five Years Bites into Household Budgets
Australian Rents Soar by 44% in Five Years Rental prices across Australia have surged dramatically, with the latest Quarterly Rental Review from Cotality (formerly CoreLogic) showing a median capital-city rent now exceeding $700 per week. That figure represents a 44% increase over five years and translates to about an extra $204 per week for the…
-
Why the National Housing Accord Isn’t Fixing Australia’s Affordability Crisis Yet
Understanding the National Housing Accord’s ambitions Three years into Australia’s National Housing Accord, the landmark agreement between all levels of government, super funds, and housing industry bodies appears to be delivering more headlines than homes. The objective—deliver 1.2 million new dwellings over five years, equating to about 240,000 a year—has run into the stubborn reality…
-
Why Australia’s National Housing Accord Won’t Fix Affordability Without Controlling Demand
Intro: A plan built on supply alone Australia’s National Housing Accord aims to boost affordability by increasing the supply of homes. Signed in October 2022 by the federal government, nine super funds, and housing industry bodies, the pact has consistently promised improvement in affordability as the nation ramps up construction. Yet, three years on, affordability…