SA: Housing plan welcomed

AAP General News (Australia)
08-09-2005
SA: Housing plan welcomed

South Australia's real estate industry has welcomed moves by the federal and state
governments to establish a national affordable housing plan.

Real Estate Institute chief executive TONY MYERS says property values have appreciated
considerably over the past decade with an adverse effect on affordability.

Mr MYERS says the ability of first homebuyers in South Australia to enter the market
has been a concern in recent years, so it is pleasing to see that the issue is now high
on the national agenda.

Moves towards establishing a national affordable housing plan were agreed on at a meeting
of housing ministers last week.

AAP RTV tjd/jv/tm

KEYWORD: HOUSING SA (ADELAIDE)

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