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Melbourne’s home values have declined for 6 consecutive months, influenced by the increased tax burden on investment properties.
For NSW, it’s not so much a case of “build it and they will come” as a case of “where will they come from to build it.”
The planned eco-friendly community in northern California would span approximately 17,500 acres.
Experts said the lack of housing supply, increasing prices, and the influx of migrants are driving factors.
A report has revealed that the Queensland government has received an extra $3.5 billion in stamp duty over the last 3 years.
Three tax models have been proposed to ‘incentivise’ investors to convert their properties into long-term rentals.
The MDRS planning laws bypassed councils as a way to speed up building approvals for the country’s rapidly growing housing demands.
In evaluating the latest inflation data, economist Derek Holt noted “Canada’s torrid rate of population growth is adding to inflationary pressures.”
Documents revealing Sydney’s plans to deal with its crippling housing shortage were leaked on Dec. 5 but pulled down shortly after.
