Sydney architect James Alexander-Hatziplis believes Australia’s burgeoning build-to-rent sector is only going to entrench a class divide between those who can afford to buy their own home and those who cannot.
“Because renting in a build-to-rent development is so expensive, those occupiers are trapped in the rental cycle and can never build up enough equity to buy,” Alexander-Hatziplis says.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com