Labor’s plan to construct 250,000 new affordable rental homes over a decade has been described as a “once-in-a-generation, game-changing” proposal by a director at property consultancy firm Urbis.
The policy will build on the National Rental Affordability Scheme, which was dismantled in 2014, and aims to deliver 20,000 homes in its first term if Labor wins Saturday’s federal election.
Urbis director Rachel Trigg said that would be the single biggest contribution to Australia’s affordable housing supply in history.
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Source: The Domain