The Business Case for Social Housing as Infrastructure
AHURI Final Report No. 312, Australian Housing and Urban Research Institute Limited, Melbourne, DOI:10.18408/ahuri-5314201
111 Pages Posted: 3 Jun 2019
Date Written: May 15, 2019
Compared to standard infrastructure assessments, establishing social housing outcomes are more complex and multifaceted. This research investigated various business case frameworks for funding social housing as infrastructure, including using cost-benefit analysis (CBA) and other alternatives, in order to develop stronger analytical methodologies.
The ‘avoided cost’ approach estimates whole-of-government savings across portfolios, avoiding assigning financial value to the ‘intangible’ dimensions of housing that a CBA would typically calculate. The ‘housing adjusted life years’ (HALY) methodology sees social housing as a welfare/ public health intervention which improves life expectancy and quality of life.
Keywords: social housing, infrastructure, cost benefit analysis, business cases, investment
JEL Classification: H43, I31, I38, P43, R31, R38
Suggested Citation: Suggested Citation