In a recent column for the Australian Property Investor Magazine, REIACT CEO Maria Edwards notes that the real significance of this year’s ACT Budget is not simply the removal of stamp duty, but also the strengthening of reforms such as the “missing middle” which improve housing affordability, supply and housing diversity. For investors, the ‘missing middle’ means access to housing types that have traditionally been in short supply, namely quality townhouses, terraces and low-rise developments in established suburbs that appeal to professionals, downsizers and families alike. This broadens both the range of investment opportunities and the locations in which new housing is being delivered.
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