A fantastic article by Ian Ugarte of “Small Is The New Big” fame on tax and government incentives to provide affordable housing. We will be meeting with Ian Ugarte next month to discuss his mission to deliver 1,000,000 micro apartments in the next 10 years.
“As the Australian population continues to increase, so too does market pressure to provide appropriate and affordable accommodation. Governments across all levels, Federal, State and Local, and are offering the private market great incentives to help address the housing shortage.
Effectively, they are saying that if “you build this style of accommodation we will give you financial reward and, we will give you tax and time approval exemptions.”