Parameters for Affordability - beginners thoughts

Rental stress occurs at cost of 30% or more of income.
The cost of the accommodation is part of the national economy, there are very large benefits in individuals owning their own homes. If ownership is corporatized, a 'profit' or return on capital is required. A 'modest' return on capital may be in the region of 5%.
Presumably higher returns than this damage affordability. (Higher return would make max capital value less) Capital cost includes land and services.

                      Income         30% rent              Max capital cost at 5% return

Newstart ~$14,000 /yr: $81 per week: $84,000
Single Pension ~$17,530 /yr: $101 per week: $105,000
Poverty Line ~$22,170 /yr: $128 per week: $133,000
Min wage ~$36,130 /yr: $208 per week: $216,000
At the moment almost nothing can be done at these figures, especially in the big cities.
Perhaps a good place to start is just being a bit more imaginative.
1 There are lots of empty homes.
2 Decentralization may not solve the problem but it would really help.
3 Compliance costs are very high.
4 Land zoning rules are very expensive, a small terrace house only needs 60 to 100 sqm of land, and might look like parts of Paddington in Sydney.
5 The biggest demographic of those who can't afford a home are single for which there is very limited provision.
6 Is anyone game to break the rules?

Hi Graham. I thought this forum was long dead. But in answer to your question. No. The price of land is to high.