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Australia’s housing affordability expected to worsen and homelessness soar under fossil-fuelled future

Australia’s housing affordability expected to worsen and homelessness soar under fossil-fuelled future

Summary

Research from the University of Sydney shows that climate change could make housing more expensive and increase homelessness in Australia over the next decade if greenhouse gas emissions remain high. The study highlights that poorer renters and homeless people will suffer the most without strong housing policies and efforts to reduce emissions.

Key Facts

  • Climate change will worsen housing affordability and push rents higher in Australia.
  • Homelessness could increase four times by 2036 under a future with high emissions.
  • The researchers used 20 years of data and tested housing impacts under different climate scenarios.
  • High emissions mean more expensive homes and rents rising faster than incomes.
  • Low-emission scenarios align with global goals to limit warming under 2°C or 1.5°C.
  • Australia aims to reduce emissions by 43% by 2030, 62–70% by 2035, and reach net zero by 2050.
  • The study says climate change affects renters and homeless people the most and should be part of housing policy.
  • Experts call for targeted social housing increases and policies tested for climate impact to prevent greater inequality.
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