Policymakers often talk about “social and affordable housing”,and ways to boost supply of it. These terms are sometimes used interchangeably but they are,in fact,quite different.
In Switzerland,a lifetime of renting is not considered a personal failure or a shortcoming of the system.
Rents are likely to keep rising for the rest of this year with little chance of relief as strong population growth outstrips the supply of new dwellings.
The economics of build-to-rent development barely stacks up in Sydney compared to Melbourne,which has 10 times the number of such units under construction.
The country’s biggest developer of home estates will cut back the size and price of its projects by an average of 20 per cent,seeking to woo first home buyers.
Property giant Lendlease will develop a large-scale build-to-rent tower in the heart of Melbourne with one of Japan’s largest property developers.
A property industry expert believes enticing unaccountable multinationals to build large-scale residential developments in WA could create “housing ghettos”.
Emails sent by the property manager set off a fracas in the 175-unit building,which was once owned by the state government.
Property giant Mirvac is putting off building new office towers as work from home trends become more entrenched and faces challenges from slowing residential sales.
An uncertain future awaits multiple construction sites across Melbourne,including a 79-storey tower that will be the city’s largest residential project and biotech giant CSL’s headquarters.
Mirvac’s head believes the property market will enter a new phase of working and living with the virus.