Owners forced to sell at market value without one dollar in compo
“New strata laws will force out owner-occupiers who are unwilling to sell, but the compensation spruiked by the NSW Government is just smoke and mirrors and owner-occupiers will be locked out of the market”, said CPSA Policy Coordinator, Paul Versteege.
“CPSA welcomes the sound and very useful research the Productivity Commission has done in its research paper Housing Decisions of Older Australians, but urges the Commission to finally let go of its obsession with older Australians’ family home”, said Amelia Christie, Manager Research and Advocacy.
“CPSA welcomes the introduction of the Rental Affordability Index by National Shelter, Community Sector Banking and SGS Economics and Planning,” said Amelia Christie, Manager, Research & Advocacy.
Laws that would see elderly people kicked out of their homes will take centre stage at CPSA’s Annual Conference, which starts tomorrow.
“Media outlets should quit talking about smoking and pets in NSW apartment buildings and focus on the fact that proposed new strata laws will enable greedy developers to kick out long-time owner-occupiers”, said Paul Versteege, Senior Advisor Research & Advocacy.