Filling millions of spare bedrooms could help ease rental and cost of living pressures for vulnerable Australians in the short term, new research suggests.
New research suggests that making use of the millions of spare bedrooms across Australia could offer a potential solution to help alleviate short-term pressures in the housing crisis .
Currently, there are about 3.2 million homes in Australia with one spare bedroom, an additional 3 million have two rooms spare, and 1.2 million have three. "Were policymakers able to address a fear of losing the pension and/or generating a capital gains tax liability on sale, this paper suggests older Australians may be incentivised to rent out spare bedrooms," the report said.
"So what we know in Australia right now is that we need more housing, so potentially opening up people's spare rooms may be an option where this can be done," she said. Some jurisdictions in Australia are already making changes in this direction, for example, the Victorian government will be implementing a"We need to get dwellings that have been moved over to the tourism industry back into the housing system that can help people have a secure home," she said.RMIT University's Jago Dodson, who specialises in housing and urban policy, said governments at all levels had reduced spending on public housing over the last few decades.
Housing Market Housing Crisis Cost Of Living Rental Crisis Social Housing Public Housing Housing Supply
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