According to Home Builder panels, Australia is not building enough new homes. So they agreed on the proposal of building more homes as the right way to make the housing price more affordable.
In recent years, Australian Housing has become among the most high-priced in the world. For an instance, the median Melbourne price increased by $100,000 in 2009 to more than $500,000.
Peter Jones of Master Home Builders Australia urged reform of "inefficient state and local government practices" as the way to lift the supply of new homes from about 130,000 now to about 200,000 per annum.
"Master Builders for some time has been calling on all governments to embrace a package of reforms including reform of developer charges, improved land release, better planning approval processes and the replacement of stamp duties with less distorting taxes," Mr Jones said.
Source: The Age
In recent years, Australian Housing has become among the most high-priced in the world. For an instance, the median Melbourne price increased by $100,000 in 2009 to more than $500,000.
Peter Jones of Master Home Builders Australia urged reform of "inefficient state and local government practices" as the way to lift the supply of new homes from about 130,000 now to about 200,000 per annum.
"Master Builders for some time has been calling on all governments to embrace a package of reforms including reform of developer charges, improved land release, better planning approval processes and the replacement of stamp duties with less distorting taxes," Mr Jones said.
Source: The Age
3 comments:
Really? Australian Housing has become among the most high-priced in the world? Amazing, I find this post exciting regarding Australia needs to build more homes. I like it. Big thanks for sharing.
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Australian housing is definitely very costly in comparison to other countries. Builders of Australia should lower their prices and try to promote and build more homes in Australia. Thanks for informing this critical issue.
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You have given useful information that Australia is going to build more homes. The information is useful
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