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  • Impediments and opportunities for growing the cooperative housing sector: an Australian case study

    Author(s)
    Crabtree, Louise
    Perry, Neil
    Grimstad, Sidsel
    McNeill, Joanne
    Griffith University Author(s)
    McNeill, Joanne
    Grimstad, Sidsel
    Year published
    2021
    Metadata
    Show full item record
    Abstract
    In many countries, housing cooperatives are longstanding and stable components of housing systems, providing a range of housing options that sit between the historically dual tenure poles of renting and owning. In others, such as Australia, cooperatives represent a very small proportion of total housing stock. Such differences derive from institutional lock-in resulting from market failures, government policy and historical norms. Breaking the institutional lock-in requires evidence of the benefits of cooperative housing to demonstrate the rationale for appropriate policy frameworks. However, despite their longevity in some ...
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    In many countries, housing cooperatives are longstanding and stable components of housing systems, providing a range of housing options that sit between the historically dual tenure poles of renting and owning. In others, such as Australia, cooperatives represent a very small proportion of total housing stock. Such differences derive from institutional lock-in resulting from market failures, government policy and historical norms. Breaking the institutional lock-in requires evidence of the benefits of cooperative housing to demonstrate the rationale for appropriate policy frameworks. However, despite their longevity in some countries, cooperatives remain relatively under-researched, such that their purported benefits as compared to other tenure forms can be hard to assess or compare. This article provides a brief synthesis of extant literature on the benefits of cooperatives before focusing on Australia where the sector is poised for growth from a very small base. We consider the impediments and opportunities for growing the sector in Australia, which highlight issues of potential relevance to other jurisdictions with similarly nascent cooperative sectors.
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    Journal Title
    International Journal of Housing Policy
    Volume
    21
    Issue
    1
    DOI
    https://doi.org/10.1080/19491247.2019.1658916
    Subject
    Applied economics
    Policy and administration
    Urban and regional planning
    Political economy and social change
    Science & Technology
    Social Sciences
    Life Sciences & Biomedicine
    Environmental Studies
    Regional & Urban Planning
    Publication URI
    http://hdl.handle.net/10072/412426
    Collection
    • Journal articles

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