Brick by Brick (Volume 2)
Better Housing Policies in the Post-COVID-19 Era
Expanding on the findings of Brick by Brick: Better Housing Policies, this second
volume delves into key trends shaping housing policies in the post-COVID-19 era. The
first chapter provides an overview and discusses the need to monitor the pandemic's
impacts on housing affordability, address the energy crisis through low-carbon housing
initiatives, maintain financial resilience amid fluctuating housing cycles, and facilitate
the reshaping of housing markets in response to remote work and environmental concerns.
The second chapter focuses on the decarbonisation of the housing sector. It recommends
a mix of carbon pricing, energy-efficiency certification and regulation, and subsidies
to meet net-zero targets while accounting for housing market specificities. The chapter
also calls for deploying complementary policies to limit adverse impacts on low-income
households. The third chapter examines housing finance, focusing on the tension between
supporting mortgage borrowing and promoting financial resilience. It also discusses
the rise of non-bank real estate finance and the potential for mortgage finance to
support housing decarbonisation. The fourth chapter explores how the new work-life
balance, enabled by the rise of remote work, is reshaping housing demand and proposes
a set of tailored urban policies to address this shift. Overall, the report provides
a comprehensive blueprint for housing policies in the post-pandemic world.
Available from June 07, 2023Also available in: French