Wednesday, March 30, 2011

Govt must do more for housing: survey


PROPERTY News

A poll released by PRDnationwide reveals more than half of Australians don’t believe the federal government is doing enough about affordable housing.


Sixty-three per cent of respondents disputed that enough was being doing to house struggling families. The study, conducted by the real estate and research firm, found about one third (31 per cent) of respondents felt that enough was being done to fulfil affordable housing needs.
PRDnationwide research director Aaron Maskrey said seven per cent of respondents were not interested in the issue. “It’s certainly an issue which divides people,” said Mr Maskrey. “Property prices in Australia keep rising – but access to affordable housing is not keeping up with demand.
“As a result of interest rates rising, a dwindling supply of affordable housing is clearly on people’s minds.”