A modest rebalancing of federal tax policy toward build-to-rent housing could fill affordable housing funding gaps. Australian funds are already investing in such a scheme in the US.
The National Rental Affordability Scheme is working as designed, but has failed to meet targets.
jroyals/Flickr
The National Rental Affordability Scheme (NRAS) looks set for a major shakeup by the government, following suggestions it has been hijacked by universities to develop subsidised studio apartments for wealthy…