Build to rent could shake up real estate but won't take off without major tax changes
- Written by Hal Pawson, Associate Director - City Futures - Urban Policy and Strategy, City Futures Research Centre, Housing Policy and Practice, UNSW
In the wake of slumping demand for apartment building, it’s little wonder the multi-unit housing industry has been eagerly eyeing a possible new residential product: “build-to-rent”.
In fact, the latest figures show that apartment-building construction starts were down 36% in 2018 from 2016. But how much will this little-known...
Read more: Build to rent could shake up real estate but won't take off without major tax changes