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Labor unveils plan to alleviate housing affordability crisis

Discussion in 'Real Estate' started by Simon Hampel, 14th Aug, 2007.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Lateline Business - 13/08/2007: Labor unveils plan to alleviate housing affordability crisis

    Lateline Business - 13-Aug-2007

     
    Last edited: 17th Sep, 2016
  2. Jacque

    Jacque Team InvestEd

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    Only time will tell, but with the cost of taxes on new housing still at record highs (approx $200K in NSW on a $500K house and land package) it's going to have be very attractive to make a real difference.
     
  3. islandgirl

    islandgirl Well-Known Member

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    I fail to see how this will reduce the rental on properties though. I though the rent was determined on what the market would bear, not by cost savings to the investor.