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Why modular housing is on the up

With the construction industry in crisis, New South Wales is looking towards prefabricated homes as one way to accelerate social housing. ....

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60% of Gen Z Do Not Believe Taking Out a Mortgage Is the Best Home-Buying Option: Here's Why

The traditional path to homeownership involves agreeing to 30 years of mortgage debt but the youngest adults might be looking for a fork in the road. A new GOBankingRates survey of more than. ....

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Australian affordable housing start-up offers win-win solution for cash-strapped homeowners and desperate renters

SYDNEY, Dec. 20, 2022 /PRNewswire/ Interest rates are rising, inflation is expected to hit eight per cent by the end of the year. As household budgets are stretched to their limit, one company is offering Australian homeowners a steady source of passive income, right in their own backyard, to ease the burden and provide much-needed additional rental accommodation. Australians are feeling the squeeze and, for some, no amount of belt-tightening will be enough to save them from mortgage stress. According to an Australian National University survey one in four Australians is struggling to make ends meet on their current income, while data from SQM Research shows a sharp rise in distressed real estate listings as the continual run of interest rate hikes since May is driving many to sell their homes at a loss as they fall behind with higher loan repayments. "It's a perfect storm really, with everything happening at once; sky rocketing interest rates,a lack of affordable housing, a ....

New South Wales , Australian Capital Territory , Michael Doubinski , Australian National University , Courtney Miles , Dec 20 , 022 Prnewswire Interest Rates Are Rising , Nflation Is Expected To Hit Eight Per Cent By The End Of Year As Household Budgets Are Stretched Their Limit , Ne Company Is Offering Australian Homeownersa Steady Source Of Passive Income , Ight In Their Own Backyard , O Ease The Burden And Provide Much Needed Additional Rental Accommodation Australians Are Feeling Squeeze , For Some , O Amount Of Belt Tightening Will Be Enough To Save Them From Mortgage Stress According An Australian National University Survey One In Four Australians Is Struggling Make Ends Meet On Their Current Income , Hile Data From Sqm Research Showsa Sharp Rise In Distressed Real Estate Listings As The Continual Run Of Interest Rate Hikes Since May Is Driving Many To Sell Their Homes Ata Loss They Fall Behind With Higher Loan Repayments Quot It 39 Sa Perfect Storm Really , Ith Everything Happening At Once Sky Rocketing Interest Rates , A Lack Of Affordable Housing , N Energy Crisis Which Of Course Filters Down Into Every Single Thing Costing More To Buy , Uot Says Michael Doubinski , Erial Tech Entrepreneur And Founder Of Pennygranny Com Au , N Innovative Affordable Housing Start Up Quoti Shudder To Think How Many Australians , Ho Have Worked Hard To Achieve Home Ownership , Ill Be Forced To Sell Or Hand Their Homes Over The Banks In Six Months Time With Double Whammy Of Falling House Prices Leaving Many Years Debt Quot Launched Late 2021 , Ennygranny Com Au Hires Out Prefab Transportable Homes For Use As Granny Flats , Some Offices , Emporary Site Accommodation And More For Affordable Rates From 230 Per Week Now Doubinski Is Launchinga Revenue Sharing Arrangement Where Homeowners Landowners Can Havea Granny Flat Installed On Their Property At No Up Front Cost Share In The Rental Quot Basically , F You Havea Suitable Backyard Or Rural Block ,

Affordability constraints drag prefab portable into the rental crisis

Affordability constraints drag prefab portable into the rental crisis
smartpropertyinvestment.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smartpropertyinvestment.com.au Daily Mail and Mail on Sunday newspapers.

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PennyGranny: ARE PORTABLE HOMES FOR HIRE THE SOLUTION TO AUSTRALIA'S AFFORDABLE HOUSING CRISIS?

SYDNEY, June 24, 2022 /PRNewswire/ If it's good enough for Elon Musk, could hired prefab homes be a solution to the rising housing crisis? PennyGranny, an innovative Australian affordable housing start-up, is convinced it's the way forward and will deliver a prefab, portable home direct to customers' block of land ready to live in or rent out for profit. Inspired by multi-billionare Elon Musk's modest choice of housing, an Australian start-up is offering an innovative solution to the current affordable housing crisis. The brainchild of serial tech founder Michael Doubinski, PennyGranny Pty Ltd stocks a range of stylish prefab homes that can be hired from $230 per week, including delivery to the customers' property. The idea behind PennyGranny came when Doubinski read an article about Musk's new living arrangement. As the world's richest man, Elon Musk can live anywhere in the world, but the tech billionaire reportedly shacks up in a rented compact house abo ....

New South Wales , United States , Michael Doubinski , Elon Musk , Galiano Tiramani , Boca Chica , David Becker , Penelope Barker , Research Institute , Pennygranny Pty Ltd , Soco Communications , Being Elon Musk , Australian Housing , Urban Research Institute , General Manager David Becker , Pennygrannyt Shirt , Granny Pty , Une 24 , 022 Prnewswire If It 39s Good Enough For Elon Musk , Ould Hired Prefab Homes Bea Solution To The Rising Housing Crisis Pennygranny , N Innovative Australian Affordable Housing Start Up , S Convinced It 39s The Way Forward And Will Delivera Prefab , Ortable Home Direct To Customers 39 Block Of Land Ready Live In Or Rent Out For Profit Inspired By Multi Billionare Elon Musk 39s Modest Choice Housing , N Australian Start Up Is Offering An Innovative Solution To The Current Affordable Housing Crisis Brainchild Of Serial Tech Founder Michael Doubinski , Ennygranny Pty Ltd Stocksa Range Of Stylish Prefab Homes That Can Be Hired From 230 Per Week , Ncluding Delivery To The Customers 39 Property Idea Behind Pennygranny Came When Doubinski Read An Article About Musk 39s New Living Arrangement As World Richest Man ,