A $22.6m residential complex has opened to tackle Brisbane’s dire social housing crisis with 42 two-bedroom apartments now available for single parents and jobseekers 5km from the CBD.
More than ever, technology and artificial intelligence is needed to address these problems and prioritise simplifying the building and buying process to boost housing supply.
The chief executive of the National Housing Finance and Investment Corporation Nathan Dal Bon has a clear message for Australian super funds – no one is expecting them to accept less than market return if they invest in the Federal Government’s ambitious social and affordable housing plans.
Stockland, which sells 80 per cent of its homes to first-time immigrant buyers, warns an extra 650,000 immigrants will further stress the rental market.