Housing News Digest
Housing News Digest
The Tenants' Union Housing News Digest compiles our pick of items from all the latest tenancy and housing media, sent once per week, on Thursdays.
Below is the Digest archive from November 2020 onwards. From time to time you will find additional items in the archive that did not make it into the weekly Digest email. Earlier archives are here, where you can also find additional digests by other organisations.
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See notes about the Digest and a list of other contributors here. Many thanks to those contributors for sharing links with us.
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Archive
Economic, Social Disadvantage Tsunami to hit NSW and more
Shelter NSW (No paywall)COVID-19 has set in motion an economic tsunami that will exacerbate mental health distress, domestic violence, homelessness and child neglect across NSW. This is the sobering conclusion of the expert report by Equity Economics,
A wave of disadvantage across NSW: Impact of the COVID-19 recession.
https://mailchi.mp/533d1c6dd534/special-ebulletin-new-modelling-…
# Must read NSW, Coronavirus COVID-19, Renting culture, Health, Domestic violence, Homelessness.Tree-changing Sydneysiders turbo-charge price growth in Central Coast, Blue Mountains, data shows
Tawar Razaghi Domain (No paywall)Sydneysiders fleeing the city since the pandemic hit have turbo-charged house price growth in the Central Coast and the Blue Mountains, new figures reveal.
https://www.domain.com.au/news/tree-changing-sydneysiders-turbo-…
# Hot topic NSW, Coronavirus COVID-19, Regional NSW, Sydney.The Sydney suburbs defying gloomy COVID-19 forecasts: Domain House Price Report
Tawar Razaghi Domain (No paywall)Large parts of Sydney have recorded staggering double-digit property price growth over the past year as buyer competition sent prices soaring, new figures reveal.
https://www.domain.com.au/news/the-sydney-suburbs-defying-gloomy…
# NSW, Housing market, Sydney, Coronavirus COVID-19.Neighbourhood blues and harbour views: property battles hit Sydney courts
Michaela Whitbourn The Sydney Morning Herald (Paywall)It has been a year of uncertainty but in Sydney there is one reassuring constant: a steady stream of court cases involving property blues and water views.
https://www.smh.com.au/national/neighbourhood-blues-and-harbour-…
# Legal significance NSW, Sydney.Do banks think a huge number of Australians will default on their mortgages in coming months?
Gareth Hutchens ABC (No paywall)The major banks are setting aside billions of dollars for an influx of bad loans. ... But do the banks really expect thousands of Australians will be defaulting on their loans in coming months, putting bank balance sheets at risk? Or are they just being cautious?
https://www.abc.net.au/news/2020-10-30/analysis-banks-and-mortga…
# Hot topic Australia, Mortgagee repossession, Coronavirus COVID-19, Housing market.Hoarders
SBS (No paywall)USA: From the outside, their houses look normal. But inside, a family is struggling to keep ahead of the insignificant things that have taken over their lives. A therapist, a professional organiser, or a cleaning crew will guide our collectors through the clean-up process and give them the tools they need to keep their behaviour in check.
# Video International, Health, Security and safety.“Heartbreaking”: 9,100 homeless suffer jobseeker payment suspensions amid recession
Luke Henriques-Gomes The Guardian (No paywall)Job agencies have suspended welfare payments 74,000 times since mutual obligations returned last month, with 9,100 people experiencing homelessness among those temporarily cut off from income support.
https://www.theguardian.com/business/2020/oct/30/heartbreaking-9…
# Australia, Welfare, Homelessness.Price crash fears subside as mortgage holidays end for tens of thousands of home owners
Jennifer Duke The Sydney Morning Herald (Paywall)Tens of thousands of home owners are repaying their loans again after lengthy mortgage holidays and experts expect Sydney will now avoid the double-digit property price crashes that were predicted at the height of the pandemic.
https://www.smh.com.au/politics/federal/price-crash-fears-subsid…
# Hot topic Australia, Housing market, Coronavirus COVID-19, Mortgagee repossession.