Rents will rise and homelessness quadruple in a decade unless serious steps to cut emissions are taken, University of Sydney researchers find

University of Sydney researchers modelled the housing market system, using two decades of public data, and tested its response under different climate scenarios, publishing their results in Cities.

They found climate change affected housing and rental affordability under both high and low-emission scenarios, but vulnerable households were worst-hit under a fossil-fuelled future…

“We cannot address the housing system by one blanket policy,” he said. Policies or interventions should prioritise and tailor support for renters on low incomes, and to address homelessness.

The federal budget’s investment in social housing for more than 4,000 young people was an example of a targeted measure, Naderpajouh said, but a “drastic increase” in social housing was needed.

…housing and tax changes in the budget showed the federal government was capable of acting on issues beyond one electoral cycle.

“We need them to take the same approach to climate change.”

Don’t let your local MPs forget, keep at them. The young and the elderly will be worst hit.

    • FreedomAdvocate@lemmy.net.auEnglish
      1·
      8 days ago

      You don’t think supply and demand heavily influences, almost to the point of control, prices?

      Have you ever heard of an auction?

      • galoisghost@aussie.zoneEnglish
        1·
        6 days ago

        And you think all these recent immigrants are at these auctions? Spending $1 million+ for a property in Sydney

        • FreedomAdvocate@lemmy.net.auEnglish
          1·
          5 days ago

          Have you seen videos of these auctions? Yes, they are.

          Also the auction example was simply an example of supply and demand in action.