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Send stimulus to the rental sector: Report

Send stimulus to the rental sector: Report
realestatebusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realestatebusiness.com.au Daily Mail and Mail on Sunday newspapers.

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Rental hike leaves ill grandmother at risk of homelessness

Ipswich nan calls for improved regulations to protect vulnerable tenants at risk of losing homes as rent soars ....

Mel Duckett , Kate Colvin , Queensland Times , Ipswich Housing Crisis , Mental Crisis , மெல் வாத்து , கேட் கொல்வின் , குயின்ஸ்லாந்து முறை ,

Why house prices surged 9 per cent in three months - and it's NOT just record low interest rates

Sydney s median house price surged by 3.5 per cent in May 2021 to $1,186,518
That was the big city s fastest monthly house growth pace since October 1988
But since the start of January, mid-point values have surged by 15.1 per cent
Double-digit house price rises in 2021 so far in Hobart, Darwin and Canberra
Some regional areas had annual property price growth of more than 20 per cent ....

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Labor's budget response is here, featuring a $10 billion plan for social housing and hopes to make Australia a 'renewable energy superpower'

A $10 billion social and affordable housing fund forms the centre of Labor’s response to the latest federal budget.
Social services advocates have praised the proposed measure as a “solid start” to assist vulnerable Australians, including women and children escaping domestic violence.
Labor leader Anthony Albanese said the party would prioritise green jobs with a multi-million dollar package for apprentices working in renewable energy and associated fields.
A $10 billion future fund guaranteeing social housing to vulnerable Australians forms the centrepiece of Labor’s federal budget response, which social services advocates say is a welcome but incomplete alternative to the Morrison government’s economic plan. ....

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Buyers charged $2000 fee to see Sydney blocks of land as prices soar

Sydney s property market is so overheated prospective buyers are paying $2,000 fees just to view blocks of land that are 84km from the city centre.
Developers Lendlease and Mirvac are both selling house and land packages, from $800,000, on the city s south-western outskirts.
And competition is fierce.
While expensive, basic houses in new, master-planned suburbs are marginally more affordable than Sydney s record $1.147million median house price, which increased by 11.2 per cent during the first four months of 2021, CoreLogic data showed.
But many of these outer Sydney house and land packages are pricier than Melbourne s mid-point house price of $869,676.
Sydney s property market is so overheated prospective buyers are paying $2,000 fees just to view blocks of land more than 80km from the city centre. Pictured is Lendlease s Bingara Gorge development ....

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