To solve the housing problems in Australia, the Australian government thought of a way in providing a cheap and very affordable housing to the people of Australia who has low income or suffering from disabilities. This scheme is called the NRAS or the National Rental Affordability Scheme. The population of Australia is growing more and more each year. The problem on affordable housing is at rise. There are different problems regarding housing that Australians worry about. But through NRAS, most of the housing problems are minimized or eliminated.
NRAS is one of the best commodities that the Australian government gives to its people that give them a solution to the high priced housing in the place. NRAS provides an affordable rental fees to residents of Australia giving them a lighter burden in paying for a place where they can stay safely. Shelter is one of the basic needs of a person. It is important to have a safe place where you and your family can stay without the worry of having bad people to steal your things or do not have the protection to the extreme heat of the sun or extreme coldness of the night. NRAS makes it possible for middle to low earners in Australia to afford to acquire a house that gives them the most basic household needs.
NRAS low rental fee is due to giving the business sector or renting individuals or organizations a tax free incentive. Investors are encouraged to invest on low cost but quality homes that the government will enroll on affordable housing solutions for the blue collared and disabled members of the society. This aims to provide Australia a boost on the country’s economic standing and also help increase the middle class life on the place. This will also ensure that all of the Australian population has an access to safe and affordable housing scheme.
The NRAS aims to reach the key workers of the community which includes the nurses, teachers, fire fighters, policemen, paramedics, and other workers who need a great cut on their rental expenses. The NRAS will also help other people who want a cheaper rent without risking the quality of rented house. This includes the students, senior citizens or the retirees, single parents and people with disabilities. Through NRAS, affordable housing is given to these people including their family. The price is usually 20% less expensive than the regular rents found in the market.
Investors are encouraged to buy properties or houses that will be later inhabited by different people. The house is usually in a 12 month leasing term to the tenant. The tax that the company will incur will be reimbursed to them at the end of the month or year. This way, they will be encourage to offer other people a very cheap housing deal that will surely help them in leaving in an affordable and beautiful home. Know more about NRAS property click here.