Queensland government tells landlords to name their price for homes about to lose rental subsidies

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Queensland government tells landlords to name their price for homes about to lose rental subsidies
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Homes bought by state after exiting National Rental Affordability Scheme will become social or affordable housing

Queensland housing minister Meaghan Scanlon says the government expects ‘there will be enough take-up to deliver a significant boost to housing stock’.Queensland housing minister Meaghan Scanlon says the government expects ‘there will be enough take-up to deliver a significant boost to housing stock’.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Previous experience has shown about 30% of landlords were interested in selling, Scanlon said. A similar take-up rate could see a further 1,452 Queensland homes sold to the government. “This is why the future delivery of affordable housing must avoid fixed-term subsidies because eventually those households will face a cliff.”The government announced in August it would review the income threshold limits.

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