the latest push, is for superfunds to invest in housing bonds...to provide housing at the bottom end of the scale I wonder if and when, the govt decides that superfunds, the industry funds, may have to invest a portion of their funds into housing....no ifs and buts about it...that takes the heat off the govnut, to pay for this service it is not out of the question....
extract here
Ideally, long-term institutional investors would make the best partner for affordable housing providers, such as superannuation funds, which in Australia hold $1.3 trillion in funds, a sum anticipated to grow to $3.2 trillion by 2035,” she said.
another extract....on the same subject... housing bonds, for the superfund industry ***note these are houses at the bottom to provide, affordable housing, they will not be in the inner city.. unless they are units....
realistic cost of $350,000 per dwelling, it implies a $7 billion total – greater each year than the one off social housing stimulus provided in 2008-09.
