Low- to moderate-income Melburnians are being priced out of “affordable” housing, according to new research.
The people eligible for ‘affordable’ homes can’t actually afford the homes
Submitted 1 year ago by LineNoise@kbin.social to australia@aussie.zone
LineNoise@kbin.social 1 year ago
Try 12ft.io if you’re having issues reading. This really underscores the utter failure of Victoria’s affordable housing model - well, unless you’re an housing developer - and it should be ringing alarm bells that the current intention is to repeat the model nationally.
w2qw@aussie.zone 1 year ago
The one good thing about these policies is they are bypassing a lot of council regulations to increase supply but the “affordable” rentals are probably pretty marginal benefit and it’s likely just low income kids who’s parents are supporting them.