Already popular overseas, the build-to-rent concept is taking hold in Australia, with a flood of projects in development and under construction. Major projects are under way in Melbourne, Sydney, Brisbane and Canberra.
I think the advantage of doing it privately is that some company is footing the bill if there’s structural issues and that the government doesn’t need to issue more debt.
I think the advantage of doing it privately is that some company is footing the bill if there’s structural issues and that the government doesn’t need to issue more debt.