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The Latest Breaking News from Michael Fotheringham

Want to buy a house in Sydney? Be prepared to pay nearly $120k over the advertised price

Underquoting is rife across the country with Melbourne the only capital where more properties sell below the guide than above

The Guardian - AU

The Victorian government is cracking down on underquoting property agents. What is being proposed and will it work?

New guidelines aim to ensure agents use the most comparable properties when estimating a home’s price, but experts say wider reforms are needed

The Guardian - AU

Australian homes could be $100k cheaper in 10 years with one change to zoning rules, report finds

Allowing three-storey townhouses and apartments to be built across all residential land would unlock more than 1m homes in Sydney alone, according to modelling

The Guardian - AU

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Rodney didn’t bother with temporary housing – then a three-year program with a 90% success rate changed his life

Journey to Social Inclusion is helping solve Australia’s persistent homelessness by getting people into homes and, more importantly, helping them stay there

The Guardian - AU

Vivian’s new Sydney apartment caps rent at 30% of her income. Is this the way to tackle Australia’s housing crisis?

Boronia Apartments have been purpose-built for people in need of discounted rent including low-income workers in care professions

The Guardian - AU

Great job, good education, no home: is Australia’s bloated property market destroying the middle class?

A fresh cycle of interest rate cuts have propelled house prices in capital cities to peak levels – locking new buyers out of the market

The Guardian - AU

A two-bedroom Bondi Junction unit for $1,100 a week. Is ‘affordable housing’ really affordable?

Government programs designed to offer rent below market rate for low-to-moderate income households are failing those who most need it, advocates say

The Guardian - AU

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Netherlands a ‘cautionary tale’ for Coalition’s mortgage deduction scheme, expert warns

Cody Hochstenbach says the scheme in his country has driven up home prices and weighs heavily on taxpayers

The Guardian - AU

See how Australia’s first 3D-printed multi-storey house is being built: four bedrooms in five weeks

The slab has been laid, a frame is being printed and cement piping that looks like soft serve is poured by robotic crane

The Guardian - AU

People are exhausted, angry and anxious: what I learned from your stories of Australia’s housing affordability crisis

Hundreds of reader replies about housing create a picture of overwhelming insecurity. People across the income spectrum are being forced to change the way they live

The Guardian - AU

Meet the forever renters: ‘Nobody wants to be in share housing when they’re in their late 70s’

After long careers and now expecting easier lives, a cohort of older Australians are instead struggling with housing affordability and security

The Guardian - AU

Share with parents or rent forever: ‘I have put life on hold while trying to buy a house’

Thanks to the housing crisis, Australians are learning to live together in ways previously associated with students and twentysomethings. Can we accept it as the new norm?

The Guardian - AU

Build-to-rent piece of housing puzzle but no quick fix

Homes purposefully built for renting long term could help boost rental supply in the future but the emerging model is no silver bullet nor a short term fix.

AAP

'No silver bullet' for housing crisis, experts warn

Australia needs to build more than one million homes over the next five years, but experts and politicians are divided on how to get there.

AAP

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The Guardian - AU

Build to rent? The Melbourne apartments where a third of tenants are being kicked out or getting rent hikes

After only a year in their new Fitzroy homes, some tenants say they are being forced to leave with no explanation. Advocates say it shows there are still holes in rental laws

The Guardian - AU

Knock down a few, build one: in NSW that counts as a gain for councils’ housing targets

Exclusive: Metrics reflect gross addition to supply, even as unit blocks in affluent Sydney suburbs are being replaced by luxury single properties

The Guardian - AU

Australian rents are rising at the fastest rate since the GFC – and from a higher base

Data shows annual rent increases in all major cities topped 10% last year as advocates warn low-income earners are being priced out of the market

The Guardian - AU

Melbourne city moves towards limiting short-stay rentals such as Airbnb

City of Melbourne council approved in-principle regulations on short-stay rental accommodation on Tuesday night, with a view to combating the housing crisis

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The Guardian - AU

Could rent controls ease Australia’s housing crisis?

Advocates say caps or freezes may help reduce pressure on renters but experts warn they are not a simple fix

The New Daily

Short-stay taxes may soon move beyond councils

The City of Hobart Council’s move to increase rates on short-stay rentals may soon become standard across Australia.

ABC News

Sunshine Coast Council to speed up plans for up to 100 affordable rental properties as crisis mounts

The Sunshine Coast Council, frustrated over the housing shortage as its population booms, takes planning matters into its own hands and pushes for state and federal support.

ABC News

'Cascade effect' pushing people into homelessness after rental prices, property scarcity hit records

With the national rental vacancy rate at a record low for a fourth straight month, welfare workers say they are seeing more and more people being pushed into homelessness.

The Guardian - AU

Living with density: will Australia’s housing crisis finally change the way its cities work?

Experts agree medium – and high-density development in established suburbs is an essential part of making housing more affordable. But the opposition from existing home owners is fierce

ABC News

Australia's rental crisis is especially tight on the Gold Coast. How can we free up empty homes?

As rents surge and thousands face housing insecurity, statistics suggest almost three in 10 houses are empty in parts of Queensland's Gold Coast, while the national average is 10 per cent.

The New Daily

Albanese government’s housing agenda stalls in the Senate as March rents soar across the nation

The despair caused by Australia’s housing crisis was evident this week as politicians traded barbs about a new construction fund in Canberra while the

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