Pitch Engine
The Times Real Estate

.

Introducing land rent, the ACT's excellent idea for making houses cheaper

  • Written by Cameron Murray, Lecturer in Economics, The University of Queensland
Introducing land rent, the ACT's excellent idea for making houses cheaperIn Canberra you can build on land you don't own.Shutterstock

Australian home prices have risen 60% in the past five years. That’s great news for the seven million households who own one.

But at the same time three million Australian households pay a total of $50 billion per year in rent. The more prices rise, the further away their dreams of...

Read more: Introducing land rent, the ACT's excellent idea for making houses cheaper

More Articles ...

  1. Speaking with: law professor Cass Sunstein, on why behavioural science is always nudging us
  2. How Australia can fix the market for plasma and save millions
  3. Don't believe what they say about inequality. Some of us are worse off
  4. Vital Signs: online retailing is changing our lives, whether we use it or not
  5. Training won't end discrimination, we have to hold people responsible
  6. Better than the alternative. What the market thought of ScoMo
  7. The same but different: what passengers like about Uber
  8. Drought is inevitable, Mr Joyce
  9. Business owners' control of their work-life balance is the fine line between hard work and hell
  10. Sludge: how corporations 'nudge' us into spending more
  11. Why and how retailers turn everyday items into 'must-have' collectables
  12. The secrets to managing overseas postings for modern families? Start with the spouse
  13. Research shows 'merit' is highly subjective and changes with our values
  14. Why more investment in the NDIS may not boost employment
  15. Explainer: what is loss aversion and is it real?
  16. Superannuation trustees should find long-term assets for their pensioners
  17. Can Australian streaming survive a fresh onslaught from overseas?
  18. This is what policymakers can and can't do about low wage growth
  19. Coming out at work is not a one-off event
  20. How women led the rise of professional work in the Australian economy
  21. Finance drives everything — including your insecurity at work
  22. Your colleagues are not dinosaurs – it's workplace routines that make innovation difficult
  23. Obesity is a market failure and personal responsibility will not solve it alone
  24. Obesity is a market failure and innovation, not sin taxes, may be the solution
  25. Gender differences at work: relishing competence or seeking a challenge?
  26. Interactive: how have your family's fortunes changed? Use this drag-and-drop tool to find out
  27. Our workplaces are filthy and it's costing us all
  28. How to improve the appeal of franchising for women
  29. Australia has to prepare for life after the World Trade Organisation
  30. Self-employment and casual work aren't increasing but so many jobs are insecure – what's going on?
  31. The secret to Aldi's success is choosing what not to do
  32. VIDEO: 10 notable trends from the new HILDA survey
  33. Australians worry more about losing jobs overseas than to robots
  34. HILDA Survey reveals striking gender and age divide in financial literacy. Test yourself with this quiz
  35. What's really driving the future of retail?
  36. Why rents, not property prices, are best to assess housing supply and need-driven demand
  37. Childcare shake-up neglects family day care workers, but we can learn from garment workers' experience
  38. Women are dominating employment growth, but what sort of jobs are we talking about?
  39. Working four-day weeks for five days' pay? Research shows it pays off
  40. Migrants are still buying into the dream of home ownership, but it's becoming more elusive
  41. Rising reliance on personal income tax signals need for bolder reforms
  42. Tech innovators start to see old-fashioned benefits of collective bargaining
  43. No presents, please: how gift cards initiate children into the world of 'credit'
  44. A new study should be the final nail for open-plan offices
  45. Workers' compensation doesn't cover gig workers – here's a way to protect them
  46. How rising inequality is stalling economies by crippling demand
  47. Australian jobs aren't becoming less secure
  48. How we can protect the women who make most high-quality footballs
  49. A silent career killer – here's what workplaces can do about menopause
  50. Restructuring alone won't clean up the banks' act