Calum Scott MacAulay’s Post

With a new term underway, the housing industry is watching for potential shifts in policy, from deregulation to renewed Opportunity Zone investments. Leaders expect a more favorable climate for development, with federal rent control talks and certain DOJ initiatives now likely off the table. As affordability remains a top concern for Americans, bipartisan efforts to support programs like the Low-Income Housing Tax Credit may still bring relief to those seeking affordable options. #housingpolicy #affordablehousing

Unlocking Affordable Housing: Empowering Independent Investors in Solving the Crisis The United States faces a severe shortage of affordable housing, exacerbated by the aftermath of the 2008 financial crisis and aggravated by the COVID-19 pandemic. Despite efforts to increase housing inventory, the problem persists. The government has proposed measures to address this, including tax credits and incentives for both buyers and developers. However, the role of independent investors, who play a crucial part in rehabilitating properties and providing affordable housing, often goes unnoticed. Legislative factors, such as the Affordable Housing and Homeownership Protection Act, fail to recognize their contribution, imposing taxes that hinder their efforts. Moreover, state and local government regulations pose significant challenges to these investors. Nevertheless, independent investors remain resilient, with a positive outlook for growth and impact on affordable housing inventory. Innovative policy measures are needed to support and amplify their efforts in tackling the housing crisis. #AffordableHousing #IndependentInvestors #HousingCrisis #LegislativeChallenges #GovernmentIncentives #RealEstateInvesting #PolicySolutions #LocalRegulations #CommunityDevelopment #EmpoweringInvestors

Home truths… Barely a day goes by without a broadsheet editorial on the failure of the country to deliver sufficient new homes, under successive governments. It is inevitable, but nevertheless welcome, that housing remains at the forefront of public discourse in this election year (is the smart money on the Autumn now?). In today’s Times, Alistair Osborne rounds up the headlines from the CMA investigation, recent research by Capital Economics on the detail of the required “missing” numbers, the lack of local government resource and Marc Vlessing’s well-timed letter to the Chancellor, making the case again for SME builders and deregulating planning on smaller sites. It is critical that these issues remain on the front or editorial pages as the political parties put the finishing touches to their manifestos. We will be analysing those manifestos as they emerge - critically considering whether their policy commitments will meet the challenge our housing market faces. #housingdelivery #generalelection2024 #manifestocommitments

Risks include the declining physical and financial conditions of such properties as well as insufficient congressional appropriations to keep up with program needs or inflation. The expiration of affordability or eligibility requirements set by federal housing subsidy programs also threatens this housing stock. Read more: https://ow.ly/s3NL50UoeMy

In this article, Shane Oliver, Head of Investment Strategy and Chief Economist at AMP, discusses the ongoing debate about a potential crash in Australian house prices and what measures are needed to improve housing affordability. Oliver argues that predictions of a housing crash have been common but rarely come true, as the real issue lies in the supply shortfall rather than just rising interest rates. He emphasises that boosting housing supply, aligning immigration with housing availability, and enacting tax reforms are key to addressing affordability challenges while warning that a failure to do so could increase inequality and reduce home ownership. https://lnkd.in/gKkU3btx #debuiltproperty #designandbuild #thedebuiltdebrief #propertysector #riskminimisation #propertyfinance #constructionfinance

CHANGING GEARS: As the federal government attempts to deal with Australia’s housing crisis, discussion around the possibility of changes to negative gearing and capital gains tax has increased in recent weeks. With implications for housing affordability, supply, rental prices and more, any decision will have a vast impact on the property market. In this article, The Conversation looks closer at what changes might be made and what they could mean. Read it here: https://bit.ly/3BrRWUh #AviserFinance #AviserAspireAdvice #MelbourneRealEstate #Melbourne

Compulsory house-building targets it is, then - and with the greenbelt firmly in the government's sights, too, it seems. Meanwhile, the chancellor acknowledges house-building's role in economic growth. #housing #economy https://lnkd.in/emWGb9wm

Chancellor Rachel Reeves promises to build 1.5 million homes in England, aiming to revitalise housebuilding with ambitious targets and planning reforms. But are these plans realistic? Economist David Smith expresses scepticism about reaching such goals. What do you think? Find out more in our latest blog: https://bit.ly/3YH0JuS #HousingCrisis #LabourHousing #UKProperty #BuildingTargets

Affordable Housing Outlook: Upcoming Changes Under a Trump Administration? The affordable housing industry is watching closely as we consider what a new Trump administration might mean for policies, funding, and development. A recent article from the Pittsburgh Post-Gazette outlines some potential challenges and shifts that could impact property owners, managers, and developers. Key considerations include: • Housing Affordability Crisis: Continued pressure on rental affordability, exacerbated by supply chain issues and rising construction costs. • Tariffs on Construction Materials: How might renewed tariffs on imports like steel and lumber drive up development costs? • HUD Priorities: Potential changes in funding for programs supporting affordable housing and public-private initiatives. • Tax and Regulation Changes: Adjustments to tax incentives and regulatory policies could reshape investment strategies. • Inflation and Interest Rates: High borrowing costs remain a significant barrier to financing new developments. What are your thoughts? How do you see these factors shaping the future of affordable housing? Let’s discuss how the property management and development industries can prepare for potential shifts in the landscape. #AffordableHousing #PropertyManagement #RealEstateInvesting #MultifamilyHousing #RealEstateDevelopment #HousingAffordability #ConstructionCosts #IndustryInsights #policyimpact #EconomicOutlook

🏠 As Ireland prepares for a critical general election, housing remains a decisive issue for voters.🏠 The country faces significant challenges in affordability, supply shortages, and rising rents. Here’s a breakdown of the housing policies proposed by Fine Gael, Fianna Fáil, and Sinn Féin, and what their implementation could mean for the property and construction sectors.