Rental crisis sets the scene for growth of build-to-rent
Build-to-rent is well established overseas but despite Australia's rental crisis and need for greater in-fill development, it has yet to take off here but that could be about to change.
Ten years ago build-to-rent (BTR) was a niche field in the United Kingdom and United States but practically unheard of in Australia.
Fast forward a decade and the BTR model is a major component of US and UK rental market supply but has struggled to take off locally.
While it is still a growing asset class in Australia, taxes are a restraint on further development of the sector.