Units boost too late for returning students
from FLAT CHAT WRAP Hosted by Jimmy Thomson & Sue Williams
There’s some good news and some possibly calamitous bad news in this week’s podcast. Firstly, the number of apartment building approvals was up by more than 50 per cent in December, month on month. Then a major league developer has told state governments they need to make much more of an effort on affordable and build-to-rent apartments. But all of that is in the future. Right now, tens of thousands of Chinese university students have been told they need to get back to in-person tuition. That means an incoming surge of students, all of whom need to be housed somewhere in a market that’s already collapsing under the strain of massive demand and critically low availability. Does this mean we’re heading back to overcrowded apartments and slumlord head tenants renting apartments then cramming them with overseas students? That’s all in this week’s Flat Chat Wrap. ____________________________________________________ Flat Chat is all about apartment living, especially in Australia. Find us on Facebook and Twitter and the Flat Chat website. Send comments and questions to [email protected]. Register to ask and answer questions about apartment living anonymously on the website. Recorded by Jimmy Thomson & Sue Williams; Transcribed by Otter.ai. Find out more about Sue Williams and Jimmy Thomson on their websites.
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There’s some good news and some possibly calamitous bad news in this week’s podcast. Firstly, the number of apartment building approvals was up by more than 50 per cent in December, month on month. Then a major league developer has told state governments they need to make much more of an effort on affordable and build-to-rent apartments. But all of that is in the future. Right now, tens of thousands of Chinese university students have been told they need to get back to in-person tuition...
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