Build to Rent will fleece Australian tenants

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The Greens and the Coalition have become strange bedfellows on building-to-rent (BTR) housing.

Earlier this month, Coalition spokesman on homeownership, Andrew Bragg, cautioned against BTR, warning that it would “put Australia on a path to emulate the US’s corporate housing model”.

“We do not want to emulate the American corporate housing model. We want people to own our homes – not BlackRock, Vanguard or super funds”, Bragg wrote in The Australian.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.