Queensland housing scheme applauded
The Housing Industry Association (HIA) has commended the Queensland government housing initiative ...
The Housing Industry Association (HIA) has commended the Queensland government housing initiative to free up land to provide more affordable rental properties in over-priced mining towns.
Rents soaring upwards of $1,000 per week in the state's mining regions are impacting on non-resource workers in communities, including teachers, nurses and policemen, the HIA said.
This week (August 6), the state government announced a housing scheme to release land to ease the pressure off the high-end rental property market.
State premier Jeff Seeney said: "The greatest impact on the affordability of housing the government can have is to increase land supply to the general market and deliver more lots, more quickly."
More than 160 house allotments will be delivered in the towns of Moranbah and Blackwater by next March, with the scheme rolling out to a number of other mining towns across the state.
HIA said the high level of demand for residential properties in Queensland's resource sector was responsible for driving rental costs up.
"The government's plan is to improve affordability prospects by increasing land supply to the general public and deliver more services lots within a relatively short period of time," HIA said in a statement.