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Counting the Costs of Public Housing Estate Redevelopment in Melbourne: A comparison of delivery options
Since 2001, social housing levels, traditionally a safety net for low-income households, have stagnated in Victoria. To increase social housing levels, the Victorian state government announced a programme to redevelop ageing public housing estates through public–private partnerships. This study compares private sector, community housing sector, and government-led redevelopment models, to determine which provides the best value for money method of redevelopment. Importantly, considering the Victorian government’s plans to increase social housing levels post-COVID19, the study found that the government is best placed to deliver social housing, due, in part, to lower borrowing costs and no requirement for making profit.
Counting the Costs of Public Housing Estate Redevelopment in Melbourne: A comparison of delivery options
Since 2001, social housing levels, traditionally a safety net for low-income households, have stagnated in Victoria. To increase social housing levels, the Victorian state government announced a programme to redevelop ageing public housing estates through public–private partnerships. This study compares private sector, community housing sector, and government-led redevelopment models, to determine which provides the best value for money method of redevelopment. Importantly, considering the Victorian government’s plans to increase social housing levels post-COVID19, the study found that the government is best placed to deliver social housing, due, in part, to lower borrowing costs and no requirement for making profit.
Counting the Costs of Public Housing Estate Redevelopment in Melbourne: A comparison of delivery options
Davies, Liam (author) / Engels, Benno (author)
Urban Policy and Research ; 39 ; 63-84
2021-01-02
22 pages
Article (Journal)
Electronic Resource
Unknown
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