This week we look at Melbourne suburbs Lalor and Balwyn. Alex Brooks talks to us about the impact of water restrictions on the home swimming pool, while we look at the National Rental Affordability Scheme and what it means for property investors.
Duration : 0:7:25
Welcome to www.nrasscheme.com where you can be educated on the National Rental Affordability Scheme (”NRAS”) — A NEW ‘asset class’- Undoubtedly one of the most exciting opportunities in property investing for some time.
We now have a wonderful opportunity for you to invest in a property where it has been ‘approved’ by the Federal and State governments for ‘affordable’ housing.
A normal capital growth investment usually means substantial negative cash flow and it would be every property investor’s dream to have a capital growth investment with minimal holding costs, neutral or positive cash flow.
With the launch of the National Rental Affordability Scheme in 2008 this is now possible!
Duration : 0:1:37
National Rental Affordability Scheme (NRAS) was launched for the purpose of providing assistance and funding to increase the supply of affordable rental dwellings, reduce rental costs to low to mid income earners and to encourage investment on a large scale to provide more affordable housing.
NRAS Scheme is expected to supply up to 50,000 affordable rental houses across Australia by 2012, with a further 50,000 to be made available post 2012 at a cost of $623 million
Duration : 0:7:43