Michelle Adair | The Growing Housing Affordability Crisis

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The Elephant In The Room Property Podcast | Inside Australian Real Estate

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Housing affordability is on everyone’s mind but what’s being done? In this episode, we welcome back Michelle Adair, CEO of The Housing Trust. The Housing Trust, which is the second-largest housing provider in the Illawarra, delivering subsidised rental homes to over 2000 people, with almost 1100 properties from Thirroul to Nowra. Michelle is at the forefront of the housing affordability crisis. Her professional and personal experiences will move you as she illustrates how deep this problem runs, and who has the ability to rectify it.   Here’s what we cover: What’s wrong with the current housing policy? Is focusing on first home buyers an effective strategy? What is the role developers play in this crisis? What is the economic case for providing more social housing Is welfare enabling further social problems or remedying them? How to balance a growing and a stabilising market? Does the government want low housing prices? Who benefits the most from housing concessions? What role can investors play?   RELEVANT EPISODES: Episode 104 | Build-To-Rent the new standard for renters | Adam Hirst Episode 81 | Will a crisis in confidence kill our apartment market? | Eliza Owen Episode 66 | What's causing Australia's housing affordability crisis? | Michele Adair   GUEST LINKS: https://housingtrust.org.au/ Housing: Taming the elephant in the economy [full report] Housing: Taming the elephant in the economy [4-page summary] https://www.canberratimes.com.au/story/7319955/governments-ignoring-holy-grail-of-affordable-rentals/ https://www.smh.com.au/national/before-she-was-a-ceo-michele-and-her-kids-lost-everything-20210427-p57mqu.html   HOST LINKS: Looking for a Sydney Buyers Agent?www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker?www.wealthful.com.au Work with Chris: hello@wealthful.com.au   Send in your questions to: questions@theelephantintheroom.com.au   EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness… This episode was recorded in August 2021 https://www.theelephantintheroom.com.au/podcasts/191 See omnystudio.com/listener for privacy information.