The Community Alliance Party will help renters to buy their own homes by abolishing stamp duty for first-time buyers. Owner occupiers who purchase a house valued at or below five times the ACT median income (currently $375,000) will be eligible.
Stamp duty will be reduced for all other owner-occupied residential properties to match equivalent charges in New South Wales.
In addition, the Alliance recognises how important it is for students to have affordable accommodation.
"The Community Alliance will work in co-operation with the Universities located in the ACT to improve student accommodation. ANU would have to increase the size of their existing residential halls, but UC has land that it can build on. Future land releases will be also considered for student accomodation where the location makes sense. In this way, we can take pressure of the demand side of housing and help to improve the educational outcomes for students, which benefit everyone,” said Norvan Vogt, Community Alliance Candidate for Molonglo. Homelessness in the ACT continues to increase.
Mr Vogt: “If we can afford to house our prisoners, then the least we can do is house our homeless. The number of homeless in the ACT is increasing, and it sits at around several thousand currently. We will work with crisis accommodation providers to increase the supply of crisis accommodation in Canberra to meet the growing need, and increase the supply of public housing."
"In general, we need to look at the bigger picture of how to provide an income for the ACT outside of selling off land, for instance by developing a 'knowledge economy'. By doing so, land can be used to provide housing as the need arises.
We can then put an end to the strictly controlled land releases which keep prices so high, said Mr Vogt."
Contact: Norvan Vogt