Imagine living without the benefits of air-conditioning in our harsh summers or being unable to feel warmth through cold winters. Then imagine having to weather storms without the benefit of a roof over your head. Not a nice thought is it, but unfortunately this is the norm for many people with nowhere to call home now living on the streets finding some form of shelter wherever they can. This is a growing problem as the population is expanding faster than the infrastructure can be created. The increasing property values have also been a contributor to the problem forcing up accommodation costs which many on low incomes are unable to afford.
Rental accommodation through real estate Campbelltown agencies at times have higher rental fees than many people can afford. Every year it seems to be more difficult (especially for low income families) to keep a roof over their heads with inflation increasing at an alarming rate affecting every aspect of human needs. Governments have not been able to keep up with the demand for public housing in the past and because immigration has outstripped needed infrastructure this has made the situation an urgent one. People should not be living in cars or on the street in a civilized country like ours.
The end result of the acute housing shortage has been the creation of a government department to interact with housing developers in order to produce more affordable rentals for people in need. The National Rental Affordability Scheme works by creating incentives for developers when they agree to rent their developments at 20% under the going market rental making it more affordable for those on low incomes. Grants are given to those who agree to these terms thereby easing the situation somewhat. This form of property management Sydney has been timely and welcomed by those in need.
By offering developers incentives in the form of grants to develop affordable housing benefits will flow on to the community in the form of employment opportunities through the building of new infrastructure for new areas opening up. More housing brings new people, which means more shops, schools etc are needed and in turn this creates more employment. Established firms benefit by gaining new customers who become regulars buying their goods creating a circle of opportunity for all concerned. The expected and hoped for increase in available affordable homes should be around 100,000 within the next few years. Let us hope this target is reached.
