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Retirees, Creatives and Housing Market Complexity: Challenges for Policy-Makers

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  • Ashton de Silva
  • Sarah Sinclair
  • Sveta Angelopoulos

Abstract

type="main" xml:lang="en"> Retirees and creatives, significant cohorts in the Australian economy, are used in this article to demonstrate the challenges faced by policy-makers when addressing the housing environment. The housing market is characterised by many participants, often with competing needs and wants, all contributing to the complexity of housing policy. As a result, policy can be difficult to define with multi-directional interdependencies. We identify five characteristics of complexity—uniqueness, layers of government, dynamism, actors and knowledge spheres—that if duly considered in the policy formation process could contribute to a more integrated approach that minimises negative and conflicting policy consequences.

Suggested Citation

  • Ashton de Silva & Sarah Sinclair & Sveta Angelopoulos, 2016. "Retirees, Creatives and Housing Market Complexity: Challenges for Policy-Makers," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 49(3), pages 340-351, September.
    • Handle: RePEc:bla:ausecr:v:49:y:2016:i:3:p:340-351
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    Cited by:

    1. Creina Day, 2018. "Australia's Growth in Households and House Prices," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 51(4), pages 502-511, December.
    2. Day, Creina, 2019. "House prices post-GFC: More household debt for longer," Economic Analysis and Policy, Elsevier, vol. 64(C), pages 91-102.

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