Australian Housing and Urban Research Institute AHURI

Rowley, Steven; Costello, Greg; Higgins, D.; Phibbs, P.

Access Status

Fulltext not available

Authors

Rowley, Steven

Costello, Greg

Higgins, D.

Phibbs, P.

Date

2014

Type

Report

Metadata

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Citation

Rowley, S. and Costello, G. and Higgins, D. and Phibbs, P. 2014. The financing of residential development in Australia. AHURI Final Report: no. 219. Melbourne: Australian Housing and Urban Research Institute.

Additional URLs

http://www.ahuri.edu.au/publications/projects/p81009

ISBN

978-1-922075-48-2

School

School of Economics and Finance

URI

http://hdl.handle.net/20.500.11937/46742

Collection

Curtin Research Publications

Abstract

A significant issue for both housing and urban policy is an adequate supply of housing to accommodate the current and projected demand for housing. The National Housing Supply Council has highlighted the serious shortfall between housing supply and demand from households (NHSC 2012). While there are various reasons for this undersupply, a key but often overlooked consideration is the financing of residential developments. In most cases, without financing (debt, equity or some combination), residential development is not possible (Miles et al. 2007).