The Property Observer –
The new approach to build-to-rent, announced by Treasurer Dominic Perrottet and Planning Minister Rob Stokes, will deliver increased investment into purpose built rental housing and drive prices down.
The number 1 reason why property prices in Sydney are so high is the of a lack of supply. This applies to the rental market as well as the sales market for houses and apartments. Today’s announcement will result in greater investment and more supply.
