Treasury Build to Rent Concessions Submission

May 27, 2024

Equitable Housing

The CEH broadly supports this draft legislation. Build-to-rent housing offers an alternative to the short-term, insecure experience of renting from small, ‘hobby’ landlords. Including an affordability requirement for tax concessions will broaden the accessibility of BTR housing, however, is not comparable to the social function of the declining social housing sector in Australia.

The CEH recommends that a standardised national definition of ‘affordable’ dwellings is developed to increase coherence of affordable housing policy across jurisdictions. The CEH also notes that private provision of affordable housing cannot replace the significant investment in social housing required to meet the housing needs of low- and very low-income earners.