It is widely acknowledged that Australia, similar to many countries in both the Global North and Global South, is currently witnessing an acute 'housing crisis'. However, the crisis in Australia has been building to a cataclysmic-like pressure point for the better part of two decades, arguably under the successive neglect of governments.
Feeding the Moloch: On the Speculative Nature of Australia's Housing Crisis
2023-10-01 thoughts
This article examines the acute and prolonged housing crisis in Australia, contextualizing it within decades of neoliberal policy, speculative market behaviour, and the systemic neglect of public housing. It critiques 'social mix' renewal programs, the demonization of non-ownership tenures, and the framing of housing as a speculative asset rather than a human right.