Housing experts budget essentials to fix housing crisis - realestate.com.au
- Experts suggest limiting negative gearing for existing properties to tackle the housing crisis while enhancing tenant protections and tax changes.
- Australia is projected to fall short of its target by 462,000 homes by 2029, potentially causing rent increases of nearly $100 weekly, according to the Property Council.
- The Property Council advocates for doubling the $3 billion New Homes Bonus to incentivize building more homes and address the significant housing gap.
- Urgent reforms are needed across the federal budget, including expanding the First Home Guarantee and providing targeted support for construction industries to combat high building costs.
8 Articles
8 Articles
Australia's housing crisis: Why we need the enormous power of bipartisanship to solve the problem
The Fifth Estate - We need a bipartisan approach to solving the housing crisis. Just like how the Menzies Liberal government implemented the Curtin Labor government's Commonwealth Housing Commission. Australia’s housing crisis: Why we need the enormous power of bipartisanship to solve the problem is a story from The Fifth Estate, Australia's sustainability newspaper.
In recent days, several houses have been demolished by order of the Loures Chamber. However, the clothes continue to be washed and hung, the food to be made, the life to take place in a neighborhood that recalls a war scenario.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium