In this video update, UDIA Victoria digs deeper into the Homes for Victorians housing affordability strategy, and talks about the broader economic impacts we can expect to play out in the Victorian housing market over the next 3-5 years.
The key message pushed by UDIA is that investors are central to keeping Victoria’s housing market affordable. Investors provide a steady stream of rental capacity and ensure the development sector can get projects up off-the-ground and deliver stock to investors, owner-occupiers and renters. Discouraging investors; as the Homes for Victorians strategy does; is not a good move for housing affordability.
About Urban IQ
URBAN IQ is a market intelligence initiative by UDIA’s Victorian division.