Meta promised $1 billion for affordable housing. Then it quietly walked away

The pledge has been whittled down significantly as the Silicon Valley tech company has faced layoffs and shifting priorities.

East Bay Times

@dyckron
Yes, Australia is likely to follow if Canada tips into recession. Even if we avoid a technical recession, real living standards here are already falling—wages, housing, and services are all under strain.
As for mass immigration, it’s helping headline GDP and supplying cheap labour, but per capita outcomes are going backwards. Without matching investment in infrastructure, housing, and wages, the policy is becoming economically and socially unsustainable.

#auspol #ausrecession #immigrationpolicy #costoflivingcrisis #housingaffordability #gdppercapita #canadarecession #massimmigration

Melbourne: A rare house price oasis in Australia’s overheated property market.

While most capitals are pricing out first home buyers, Melbourne is quietly becoming more accessible — thanks in large part to Victoria’s investor-targeted tax regime.

No praise, of course, is given to the state government for:
• The Vacant Residential Land Tax (discouraging empty homes)
• Higher land tax rates on investment properties
• The windfall gains tax on rezoned land

These measures have cooled investor demand and helped keep prices within reach of everyday buyers. Other states take note.

https://www.macrobusiness.com.au/2025/05/how-melbourne-transformed-into-a-house-price-oasis/

#melbourneproperty #housingaffordability #firsthomebuyer #victoriapolitics #propertyinvestors #realestateaus #melbournehousing #australianproperty #housingpolicy #landtax #macrobusiness #propertymarket

How Melbourne transformed into a house price oasis

According to CoreLogic’s April home value index, Melbourne is the nation’s cheapest major capital city property market. Melbourne’s median dwelling value was $786,158 at the end of April 2025, $119,605 (13% lower) than the national capital city median. The improved affordability of Melbourne’s housing market comes after five years of relative stagnation. As seen in

MacroBusiness
Brick by brick: building a sustainable and affordable housing future for Europe [Promoted content]: Across the European Union, the twin challenges of #housingaffordability and #climateresilience are converging—and they are compounded by a third: the ongoing geopolitical instability which in turns has led to fluctuating prices, and an unsustainable dependence on Russian gas, deepening the strain on European households and industry alike. https://www.euractiv.com/section/eet/opinion/brick-by-brick-building-a-sustainable-and-affordable-housing-future-for-europe/?utm_source=mastodon&utm_medium=dlvr.it

OnlineFirst - "Financialization, housing rents, and affordability in Toronto" by Martine August and Cloé St-Hilaire:

#financialization #rents #rentalhousing #Toronto #housingaffordability

https://journals.sagepub.com/doi/full/10.1177/0308518X251328129

$10.billion Housing Australia Fund Is it DOING enough?
Why ? is the Fund NOT investing DIRECTLY in fasttracking home building and/or mortgage relief ?  This would immediately stimulate sectors of the economy such as builders and suppliers. Plus the new homes would be provided FAST.

⁨⁨https://m.youtube.com/watch?v=qV9eJOLRt2Q⁩⁩

___

#australia⁩ ⁨#government⁩ ⁨#election2025⁩ ⁨#election⁩ ⁨#housingaffordability⁩ ⁨#economy⁩ ⁨#homelessness⁩ ⁨#scandal⁩ ⁨#scam

$10.billion Housing Australia Fund Is it DOING enough?

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Bluesky

Bluesky Social
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Bluesky Social
YIMBYism as industrial policy

A better way than tariffs

Slow Boring