5 Minute News

Evaluation of Bills for Affordable Rent and Ongoing Consultation

January 28, 2025

There are gaps and weaknesses in the proposed bills aimed at reducing rents and increasing the supply of affordable housing. Stakeholders express concerns about the implementation of the 'Renovate-Rent' plan. A consultation period of 15 days has been given for potential revisions. Overall, the bills are seen as helpful, but they do not fully address the housing issue.