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ARTICLE · 21 DECEMBER 2015

Medium term residential tenancies in Australia

Carroll & O'Dea
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Medium term leasing, if allowed to flourish, may be part of a solution to the present housing affordability problem.

AustraliaReal Estate and Construction
Selwyn Black
Selwyn Black
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The fix for housing affordability?

The current state of the property market in Australia means that many are unable to afford to purchase their own homes outright, even though they have an amount of capital saved up. Often the only current solution for those priced out of the outright purchase market is to rent, which usually means entering into a lease of premises for 6 to 12 months, with the risk of having to move regularly.

One option common in other places is for entrants to the property market to enter into, or buy from a prior tenant, medium term residential tenancies. Could that be part of the solution for the Australian housing market?

The benefits of medium term residential tenancies

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