tailieunhanh - Housing and the Economy: Policies for Renovation

Commencement data from Australian Education International (AEI) for the year‐to‐date to June 2010, show a decline in overall commencements in the onshore international sector of around on a year on year basis, although higher education is still trending positive with commencements to June of 54,326, up on the 2009 equivalent figure of 51,339. The other three key sectors have all seen a marked decline in enrolments: VET commencements to June 2010 were at 67,046, down by ; Schools at 7,177, down by ; and ELICOS at 43,815, down by from June 2009. . | Housing and the Economy Policies for Renovation Chapter from forthcoming Economic Policy Reforms 2011 Going for Growth OECD Economic Policy Reforms 2011 Going for Growth OECD 2011 PART II Chapter 4 Housing and the Economy Policies for Renovation1 This chapter compares a number of housing policies for a range of OECD countries and concludes that badly-designed policies can have substantial negative effects on the economy for instance by increasing the level and volatility of real house prices and preventing people from moving easily to follow employment opportunities. Some of these policies played an important role in triggering the recent financial and economic crisis and could also slow down the recovery. The chapter makes some recommendations for efficient and equitable housing policies that can also contribute to macroeconomic stability and growth.