Long Covid: Is the housing market in a better or worse condition?
Over the past two decades, housing prices have risen significantly faster than incomes. Those that owned assets experienced significant gains and those that didn’t experienced many challenges.
Population growth, interest rates, tax policy and government stimulus contributed to ongoing price increases amongst many other factors.
When Covid-19 struck in 2020, some commentators predicted a crash. However, the opposite has happened. Purchase prices have jumped by approx. 25%. The rental market is tighter and rental prices have significantly increased. Some households have benefited and other households have been hit hard.
The Economic Society of Australia (ESA) and the Urban Future Exchange (UFX) have invited three experts to explore the impacts of the pandemic, and the responses by Governments and the broader housing market to it.
We will be exploring the challenges and opportunities for the housing market over the short, medium and long term, and what policies and tools we should look at changing / introducing to deliver better housing outcomes for more people.
Expert Panelists:
Andrew Mills – Chief Executive of HomeStart Finance
HomeStart Finance was founded in 1989 and is one of only two state government home lenders in Australia that support low and middle income households to buy a home. More than 65,000 South Australians have bought through HomeStart Finance - with more than 80% of those unable to obtain finance via mainstream banks when they bought.
Dr Lyrian Daniel – Deputy Director, Centre for Housing Research (University of Adelaide)
Lyrian is a Senior Lecturer and Research Fellow in the Department of Geography, Environment and Population, and Deputy Director of the Australian Centre for Housing Research with a PhD in Architecture. Lyrian’s research focusses on the relative risk of housing disadvantage, households' lived experience of poor housing conditions, and the implications for population health and wellbeing
George Giannakodakis - Founder & Chief Executive of pointData
George has more than 25 years of experience in the public and private sector. George’s companies have provided planning and engineering advice across 4 states and for over 500 property developments and projects. He founded PointData and its technology drawing on his expertise in housing development, systems thinking and city modelling, property economics and business development.
Event Details
Date: 31 March 2022
Time: 5:30pm-7pm. Registrations open at 5:15pm
Panel discussion, followed by drinks, nibbles and networking.
UFX Members Free
ESA Members: Free
General Public: $20
Please secure Members and general public tickets here
Tickets close at 4pm 31 March 2022
Location: Mache Coworking: 451 Pulteney Street Adelaide, South Australia 5000