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    Kevin Morrow
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    The document discusses the realities of the Australian housing market, including the government spending $2.9 billion during the GFC to deliver new dwellings, how traditional ideas of the Australian dream of suburban homes are changing, and how both what people want and demographics are shifting away from large single detached homes towards smaller, more affordable housing options as incomes decline and families change in size.

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    The document discusses the realities of the Australian housing market, including the government spending $2.9 billion during the GFC to deliver new dwellings, how traditional ideas of the Australian dream of suburban homes are changing, and how both what people want and demographics are shifting away from large single detached homes towards smaller, more affordable housing options as incomes decline and families change in size.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    185 views1 page

    Diagram 1

    Uploaded by

    Kevin Morrow
    The document discusses the realities of the Australian housing market, including the government spending $2.9 billion during the GFC to deliver new dwellings, how traditional ideas of the Australian dream of suburban homes are changing, and how both what people want and demographics are shifting away from large single detached homes towards smaller, more affordable housing options as incomes decline and families change in size.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    REALITIES OF MARKET

    HOUSING MARKET

    During the GFC our government embarked $2.9b to deliver new dwellings in NSW -Adam Haddow

    HOUSING

    TRADITIONAL VALUES
    Living the Great Australian Dream doesnt end with an aerial view of expanding suburban houses -Robyn Dowling

    WHAT PEOPLE WANT VS. THE HOUSING MARKET

    Idea of home has in uenced the Australian psyche through the cultural ethos of the Great Australian Dream... it is a yearning for domestic bliss -Andrew Gorman-Murray

    CHANGING FAMILY/ HOUSING TYPE

    80% of Sydneys housing is single detached housing Aging population means retiring generation wants to downsize Younger generations dont want the large McMansion - too big and too empty

    CHANGING DEMOGRAPHICS

    CHANGING INCOMES

    More single-parent families mean smaller household incomes

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