In the wake of slumping demand for apartment building, it’s little wonder the multi-unit housing industry has been eagerly eyeing a possible new residential product: “build-to-rent”.
In fact, the latest figures show that apartment-building construction starts was down 36 per cent in 2018 from 2016. But how much will this little-known type of housing solve our housing problems? Build-to-rent won’t be a silver bullet solution for Australia’s housing affordability stress, but it does have potential to tick the box on several important public policy objectives. These include widened housing diversity, enhanced build standards, and a better-managed, more secure form of private rental housing. But for this to happen, Australia’s tax settings need adjustment. Read more: https://theurbandeveloper.com/articles/build-to-rent-could-shake-up-real-estate
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We all want to buy our new home or investment property at the lowest price possible.
On the other hand, the vendor wants the highest price they can get. 29117532 - piggy bank following money to a house isolated on a white background Many property buyers often spend so long on research, they forget that finding that special home or the investment-grade property is only half the battle. Once they’ve found the right property, they then have to make an offer and enter into negotiations to buy it, which can be a daunting process. Unless you use a buyers’ agent to help you negotiate, you are really going to have to rely on your own research to work out what the property is worth. However, by the time you end up at the negotiation table you should have looked at many properties and have a pretty good idea of what similar homes in the area have sold for. Read more: https://propertyupdate.com.au/some-tips-for-making-an-offer-on-a-property/ |
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June 2023
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