The housing package in next week's territory budget will include the release of land for 16,500 dwellings, plans for a build-to-rent scheme and an extra $30 million for public housing growth and renewal projects.
"The owner understands that they are rented for the duration and, from the renter's perspective, you get a purpose-built product and the potential for a much longer-term lease with a landlord that is onsite to meet your needs." "So, it wouldn't be an answer to affordable housing. It would be incredibly expensive housing and it would damage the environment.
"There's an opportunity for mixed-use development there [at the AIS] that would see some additional housing go into a precinct that, potentially, would also see revitalised sporting facilities, hotels, bars and restaurants and other amenities that would see it as an attractive precinct," Mr Barr said.Rental advocate Joel Dignam, from Better Renting, welcomed the government's budget initiatives as a "step in the right direction".
"Although it can be a step in the right direction, it will be really important that we keep a close eye on that and make sure that it is going to provide stable, affordable homes for people and not just getting some developers rich."Elizabeth Lee says the new initiatives fail to offer Canberrans "genuine choice".
Build to rent = not accessible to generation rent sorts. Only to those who already have a home & who want to secure their retirement by denying some young family of theirs.
Instead of building new houses, they should simply rent out all the air bnbs ans holiday homes. If the climate change people are correct… there won’t be people left to live in all these new homes in 20’yrs, so why not just preserve the natural state of things,
They can’t get qualified tradesman now, so not sure who will complete this work.
Have they ever thought the number of public opposing property development
They'll still be priced so high, most won't be able to afford them. The property market in ACT is completely off the rails.
I thought the ACT was under a native title claim.
Sounds like a ghetto
Corporate takeover of residential market - WEF plan in action
The new ghetto block
Another hospital and schools too?
Weird a population growth of 1.3 = shrinking 🤷♂️ odd IDK 🤷♂️ will we ever unwrap this mystery 🤷♂️
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