Discounted but not ‘affordable’: NSW policy to build cheaper rental apartments a boon for developers

The GuardianTuesday, October 28, 2025 at 11:46:38 PM
Discounted but not ‘affordable’: NSW policy to build cheaper rental apartments a boon for developers
A new policy in New South Wales aims to encourage the construction of cheaper rental apartments, but critics argue that it primarily benefits developers while leaving tenants struggling with high rents. Many tenants could end up paying as much as 50% of their post-tax income on rent, raising concerns about the true affordability of these units. This situation highlights the ongoing housing crisis and the need for more effective solutions that genuinely support renters.
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