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Recent Australian policy settings have been largely unresponsive to emerging housing challenges, such as trends to declining affordability and the greater polarisation of housing markets. While the scope and mix of policy levers required to address these issues in Australia may vary, this research suggests that there are common attributes associated with the most successful policy approaches overseas. In the 12 countries studied, recent housing policy responses are clustered around five themes: facilitating home ownership for new entrants and lower-income households; promoting private investment in affordable housing; using the existing private rental market for improved housing outcomes; reinventing social housing to improve choice and diversity; and promoting housing and neighbourhood sustainability. http://www.ahuri.edu.au/publications/projects/p60323/