Under a $600 million Labor policy to be formally announced today, investors will receive an annual $6000 tax incentive to build 50,000 homes to rent to eligible families at 20 per cent less than the average market rent.
http://www.news.com.au/business/story/0,23636,22234631-31037,00.html
Why would this be attractive to investors ? Being told who can rent your property at decreased rates for $6k - doesn't sound like a great deal to me.
What are your thoughts ?
http://www.news.com.au/business/story/0,23636,22234631-31037,00.html
Why would this be attractive to investors ? Being told who can rent your property at decreased rates for $6k - doesn't sound like a great deal to me.
What are your thoughts ?
Last edited: