Mehreen Faruqi Instagram – We have a housing system that sees millions screwed over while banks and property developers make an absolute killing off the misery of others. Labor’s Build to Rent proposal will only make this worse.
It will see developers receive tax handouts to build apartments where only 10% have to meet weak requirements of “affordability” – defined as 75% of market rent (which still puts many under housing stress). The other 90%? No restrictions at all.
The Greens will be pushing for 100% of any apartments built under Labor’s scheme to be genuinely affordable. | Posted on 28/Jun/2024 10:26:49
