What Australia can learn from overseas about the future of rental housing
Rental housing ideas are flying about the country in the face of the affordable housing crisis.
When given a safe product like a MAcH10 long term leased property, property investors are more than willing to support affordable housing initiatives. This is especially true when those initiatives are aimed at providing for our emergency services personnel and their support staff as the MAcH10 programme is.
If you’re interested in Australia’s safest investment properties contact us today. You’ll be pleasantly surprised.
American housing advocates have voiced concern about “the rise of the corporate landlord” – especially in the single-family sector, where there’s some evidence that they more readily terminate tenancies.
These landlords also don’t build much housing. They are most active in renovating (for higher rents), merging with one another, and – especially in the US – developing innovative financial instruments such as “rental-backed securities”.
The development of a for-profit large corporate landlord sector may be desirable for greater professionalisation and efficiencies in the management of tenancies and properties. However, this should not come at the expense of a mission-oriented affordable housing industry that makes a distinctive contribution to housing outcomes. What Australia can learn from overseas about the future of rental housing
Rental Housing Ideas Must Include Not For Profits
Rental housing ideas that do not include the not-for-profit sector will fail to address the human side of housing. This will cause long term social problems for government especially in provision of housing for lower socio-economic groups.
As can be seen by the above extracts from The Conversation blog large private landlords have a whole new subset of problems.
Interested in the MAcH10 long term lease call Gary today on 0439810652