NRAs scheme for homes

Hi readers , I am discovering  property investment deals yielding 5% to 8 % from this Government scheme.  These investment properties are in growth areas. I reckon tenants are keen as they are applying at the rate of 80 for each home, developers are keen and Investors are still discovering this scheme. The government is advising the home building shortfall in 2008 was 85,000 and expected to expand to 213,000 by 2013
The NRAS is  response to this shortfall investment, property, home, developers,  building,shortfall.
Reseach the website and discover for yourself .

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New Lowes/Masters Stores, for home renovating

Writing for Australian readers of the expected benefits from the New Masters Home Improvement chain to open over the next few years: the Masters Home Improvement store.

Its the Woolworths/Lowes/Masters Joint venture. The home improvement market is growing at twice the rate of the economy. Its a $42 Billion market. The Masters/Lowes store, will compete with major white goods retailers and furniture stores, including, elements of Myer, Reece, Harvey Norman, Ikea, Freedom Furniture, Domayne, Retravision. The new chain will have 200 stores very quickly, by building on the Danks stores and parts of Mitre 10.

The new Masters/Lowes stores will have a wider range of home renovation products including, Furniture, White goods, Outdoor living products, Heating/Cooling, Home decorating products, Carpets, Storage, Curtains, Lighting, Kitchens,and Bathrooms. The Home Depot, clone, Bunnings also, has an aggressive new store opening plan of opening a dozen stores a year. Bunnings is more like the Home Depot format of large cold barns, with a limited range of low cost products.

Woolworths/Lowes will be more like Lowes store a more comfortable store with a wider range of Home Decor products, emphasis on Healthy Living, ordering online, free delivery, Decorative products like, curtains, rugs, wall paintings, Saving Ideas, Trades Professionals Installers and Free, Easy credit, Creative Living magazines.

Lowes has an FREE easy read Ebook, via computer.

I fully expect this competition will cut the costs of Home renovating products by thousands for each home. It will be a one stop shop for easy home renovating.

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National Rental Affordability Scheme for the home

Today, I write more about this scheme. Its a special deal for Essential Service delivery workers like, Ambulance drivers, Police , Nurses, Teachers, Firemen where they can rent for 25% under market rates. For the investors there is a top up of the rental loss with a tax paid subsidy, of  Nine grand indexed to inflation. These deals can be so attractive they are strongly rental positive cash flow deals.  In Queensland, the Queensland Affordable Housing Consortium is the one to talk to. In Victoria, its the Community Housing Limited. Initially, the scheme appealed to large developers and builders, now in the third stage its been broadened to the smaller end of the property market. While the scheme has been slow to make approvals, I hear its now taking off, with  lots of numbers of homes in the application process. The plan is to build up to fifty thousand homes over three years.

Given close to eighty families apply for the each home, at a time perhaps it has some appeal?

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Electric cars effects on home values

Today, I am reading that Nissan, the Japanese car company will be announcing their Electric car, the Leaf. I expect it will be available within two years. Toshiba and Panasonic are also assisting the Japanese car companies to develop the Breakthroughs in New Lithium Ion battery technology. This means within two years we will have efficient electric cars available. The big announcements are when the car companies launch their new models in July, so we all need to stay tuned.

How will this impact on the home market?. I reckon the dire fear, of ” I,need to buy in the inner suburbs”, will abate. The outer suburbs will become more viable.  As home owners realise the car will remain the dominant transport model.

While the Inner suburbs may remain popular, because of conveniance. Let not the fear of higher petrol prices be the driver.
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House Market to Slow! Investors design Opportunity

Recent auctions show a dramatic slowing in the clearance rate, with some auctions having a complete no show. I wonder why ?
Well for many months rate of First Home Buyers has been slowing : while Investors appeared to keep buying.

But I suggest the potential in the NRAS is just so good, many investors are discovering this opportunity.

At the recent Residential Housing Conference, the Minister for Housing, Ms Plibersek, has noted that third stage of NRAS funding has approved some 12,000 new dwellings, out of  a total of 50,000 required by June 2012. Major investor developers include big Super funds and developers, Lend Lease, MAB, AV Jennings, Grocon and Devine.
Investors gain a tax incentive of more than $9,000 each year for 10 years, secure tenancy and carefull research to meet tenant needs.

In order to download the Free Ebook

1    Return to the top of the page, right side

2    Inset your name and email

3    Click, on Send ME the Free ebook

4   Check at your email to download your home book.

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