While much has made of the fact that Build to Rent residential (BTR)can help solve Australia’s housing shortage, one of the main benefits of thegrowth of the BTR sector in our view, is the ability to quickly and efficientlyramp up the provision of affordable housing in Australia.
We see Government incentives to the BTR sector as a potential win/ win. If incentives have the desired effect, Governments themselves will haveless pressure to fund and build new dwellings directly.
This would appear to be the perfect way to spend some of the Federal Government’s proposed $2bn of funding to the states for affordable housing – the so-called Social Housing Accelerator plan. The intent and funding are both much needed – but the practicalities of actually building the required dwellings is the real challenge.