2016-05: Yes, social housing in Australia desperately needs financial innovation! (Working paper)
File version
Author(s)
Liu, Benjamin
Roca, Eduardo
Griffith University Author(s)
Primary Supervisor
Other Supervisors
Editor(s)
Neupane, Suman
Roca, Eduardo
Date
Size
20 pages
File type(s)
Location
License
Abstract
Based on the existing literature, this paper provides an overview of social housing in Australia, and reviews how it is financed in Australia and in selected countries and the involvement of institutional investors in it. The review identifies the challenges facing the financing of social housing and pinpoints the need for financial innovation. The paper finds that there is severe shortage of social housing in Australia. The existing financing models in Australia are unable to provide the resources to address this shortage. The financing models adopted by other countries such as Austria can serve as possible models to consider. There is a need for institutional investors to get involved; however, it is important that social housing be shown to be attractive in terms of returns. There is a necessity to clearly evaluate the risks and returns of social housing and to develop innovative financial instruments and models in order to develop the missing or incomplete financial market for social housing in Australia.
Journal Title
Conference Title
Book Title
Edition
Volume
Issue
Thesis Type
Degree Program
School
Publisher link
DOI
Patent number
Funder(s)
Grant identifier(s)
Rights Statement
Rights Statement
Copyright © 2010 by author(s). No part of this paper may be reproduced in any form, or stored in a retrieval system, without prior permission of the author(s).
Item Access Status
Note
Finance
Access the data
Related item(s)
Subject
G11 - Portfolio Choice; Investment Decisions
G18 - General Financial Markets: Government Policy and Regulation
Social housing
Financial innovation
Financing
Private sector