Master Builders Australia has thrown its support behind a recent announcement from the Australian Treasury that aims to take a closer look at housing affordability, which could be fantastic news for individuals interested in buying or building their own real estate in Carlton.
After the Federal Treasurer stated plans to focus attention on housing affordability, Master Builders Australia chief executive officer Wilhelm Harnisch chimed in with support for this announcement. He said the core of the problem were the various "structural impediments" that have caused a lacking in supply while demand increases.
"Increasing housing supply is essential to prevent the intergenerational home ownership gap from widening. The availability of adequate affordable and appropriate housing is a fundamental pillar underpinning our social and economic wellbeing as a community," said Mr Harnisch in a 10 April statement.
Factors like more effective communication between the various levels of government and organisations involved in the release of land and construction of property could be something focused on in the coming months.
If you're interested in securing your own slice of Carlton real estate, keeping an eye on these changes could have a bearing on your overall housing decision in the long term.