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housing market

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Private rental option to house homeless

South Australia is “slipping behind” other states on reducing homelessness, with a goal to end rough sleeping in the city unlikely to be achieved by the end of this year unless the private rental sector steps up, the former head of the Adelaide Zero Project says.

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Since 2012, only five of 25 new developments in the city met the 15 per cent affordable housing target. Photo: Tony Lewis / InDaily
Local

Low-income earners locked out of new city housing despite zoning rules

The majority of new residential developments in the city have failed to meet a State Government requirement to include at least some affordable housing – with those that did meet the target selling the housing to investors rather than to low-income buyers.

Local

Sluggish housing market hits budget surplus

A sluggish housing market and a construction slowdown are hitting the state budget bottom line, with plummeting conveyance duty revenues contributing to a softer surplus in Treasurer Rob Lucas’s mid-year statement, unveiled today.