?? CALLING ALL INVESTORS! ? ??? INVITATION TO: CALL Irene for an appointment to view. OR Show day viewing 13/04/2024 from 9am - 10 am. ? ?? INVESTORS: SHOULD YOU PURCHASE 5 UNITS AND MORE THERE IS A SPECIAL TAX BREAK/INCENTIVE ? Currently available as part of phase 1 - Only Block A&B. ?? 1 bedroom 1 bathroom apartments selling from R719 900 - 1 parking bay. Prices inclusive of VAT and TRANSFER FEES costs which is a saving of around R15 000 !! Bond Fees are applicable. ?? 2 Bedroom apartments selling FROM R 799,900 (incl VAT and TRANSFER FEES - Bond fees are applicable). ? The development will have a child friendly communal park. It will be a gated development with access control. ? Pioneer Place provides an affordable opportunity for buyers to get on the property ladder and own their own property and enjoy a convenient lifestyle in Rivergate, a developing part of Cape Towns Western Seaboard (Table View and Blouberg). ? The development is situated adjacent to the Curro Academy Sandown independent school and a few minutes walk from the MyCiTi bus stop, while less than five minutes drive away from the West Coast Village mall, Virgin Active Sunningdale, Netcare Blaauwberg Hospital, the N7 and R27. It is also closely situated to the established Killarney Gardens and newly developed Rivergate and Atlantic Hills industrial parks. ???? ? ?? An additional benefit is that Pioneer Place helps qualify first time buyers onto the property ladder. Thanks to the FLISP home-loan subsidy provided by the Government. To qualify for FLISP your earnings need to be between R15k and R22k gross monthly income. (Applications will be facilitated by the developers). ? #JustProperty #PioneerPlace #PropertyInvestors #NewPropertyDevelopment #BloubergDevelopment #FirstTimeBuyers #InvestmentOpportunity??
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?? CALLING ALL INVESTORS! You Are Invited to the next show day viewing of the Pioneer Place Development on the 4th May 2024 from 9 am - 11 am. ? ?? SHOULD YOU PURCHASE 5 UNITS AND MORE THERE IS A SPECIAL TAX BREAK/INCENTIVE! ? Currently available as part of phase 1 - Only Block A&B. ?? 1 bedroom 1 bathroom apartments selling from R719 900 - 1 parking bay. Prices inclusive of VAT and TRANSFER FEES costs which is a saving of around R15 000 !! Bond Fees are applicable ?? 2 Bedroom apartments selling FROM R 799,900 (incl VAT and TRANSFER FEES - Bond fees are applicable). ? ??? The development will have a child friendly communal park. It will be a gated development with access control. Pioneer Place provides an affordable opportunity for buyers to get on the property ladder and own their own property and enjoy a convenient lifestyle in Rivergate, a developing part of Cape Towns Western Seaboard (Table View and Blouberg). ? ?? The development is situated adjacent to the Curro Academy Sandown independent school and a few minutes walk from the MyCiTi bus stop, while less than five minutes drive away from the West Coast Village mall, Virgin Active Sunningdale, Netcare Blaauwberg Hospital, the N7 and R27. It is also closely situated to the established Killarney Gardens and newly developed Rivergate and Atlantic Hills industrial parks. ? ?? An additional benefit is that Pioneer Place helps qualify first time buyers onto the property ladder. Thanks to the FLISP home-loan subsidy provided by the Government. To qualify for FLISP your earnings need to be between R15k and R22k gross monthly income. (Applications will be facilitated by the developers). ? Here is the link for more information or to book a viewing: https://lnkd.in/d3SCch9u ? #JustPropertyBlouberg #PioneerPlace #InvestmentOpportunity #PropertyDevelopment #BloubergRealEstate #FirstTimeBuyers #BloubergProperty??
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I was on the phone today with a planning & zoning department ….. they have a “moratorium” on new apartments You can’t make this up. I was calling to ask about their process for converting a hotel into multifamily . The hotel I was calling about is zoned by right to be multifamily. But, the local government has arbitrarily decided they have enough apartments and therefore they are not allowing any more building. I say the rental prices clearly indicate otherwise. I bet essentially zero residents know there is a moratorium on new apartments in their town. Existing landlords probably love this moratorium….it insulates them from competition. Can you imagine if the government decided we had enough Gatorade for sale and set an arbitrary moratorium? It would never happen because we let the price system dictate supply and demand for Gatorade. Even though we are building housing at the same rate as we were in 1995, somehow a “moratorium” is appropriate….why can’t entrepreneurs and consumers determine when enough housing has been supplied? Once again, another government killed my attempt to create more affordable housing ….. and bear in mind, I was not asking for any subsidy or handout whatsoever.
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"The scale of Britain’s housing crisis has been laid bare in fresh research from Close Brothers Property Finance, the Home Builders Federation (HBF) and Travis Perkins plc, which found that planning delays are still the foremost obstacle facing small and medium-sized (SME) developers." Pui-Guan Man for The Telegraph https://lnkd.in/eN5W9iuB
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Affordable Housing & Building Wealth ???? New Brunswick is taking action with a 3% rent cap! ??? This isn’t just great news for tenants—it’s a powerful reminder that keeping up with policies can help you build and protect your wealth. ???? Affordable housing is key to creating stable communities and opportunities for everyone. ?? Policies like this can shape your financial landscape, whether you're renting, investing in real estate, or planning your next big move. ?? The 3% rent cap, set to launch in 2025, ensures fair housing while creating opportunities for growth in the housing market. Plus, with new tax cuts for multi-unit housing, New Brunswick is setting the stage for long-term affordability and investment potential. ?? Building wealth isn’t just about making money—it’s about staying informed and adapting to opportunities like these. Affordable housing policies benefit everyone, and being aware keeps you ahead of the curve. ???? #AffordableHousing #BuildWealth #StayInformed #RealEstateNews #NewBrunswickUpdates #FinancialFreedom #HousingForAll #WealthBuilding #SmartInvesting ???? ?????????????? https://lnkd.in/ec_pdZh8
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"The scale of Britain’s housing crisis has been laid bare in fresh research from Close Brothers Property Finance, the Home Builders Federation (HBF) and Travis Perkins, which found that planning delays are still the foremost obstacle facing small and medium-sized (SME) developers." ??? Pui-Guan Man for The Telegraph https://lnkd.in/eN5W9iuB
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?? The Land Development Agency (LDA) has welcomed the Government’s announcement that it will receive a further €1.25 billion in equity capital. This further capitalisation will enable the Agency to continue to its mission of delivering affordable homes across Ireland and assist in meeting the country’s housing need. ??This additional capital will facilitate further new affordable homes, both on sites directly delivered by the LDA, and through partnerships with housebuilders. Sites that will be developed using the new funding line will include Cherry Orchard Point, Clongriffin, and the former Dundrum Central Mental Hospital. ??The LDA will likely commission further delivery of homes from its housebuilder partners panel, which has secured c. 2,800 homes to date. ?? For more information https://lnkd.in/eZSTQnHF Department of Housing, Local Government and Heritage Department of Finance Ireland #LandDevelopmentAgency #HousingforAll #AffordableHomes #CostRental #HomesIreland #HousingIreland #strategicplanning #constructionireland
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?? ???????????? ?????????????????????? ???????????????? & ?????????? ?????? ???????????? ?????? ?? We've conducted an in-depth analysis of the latest legislative developments that could impact the real estate and property management sector in Texas. Here are the key points: ?? ?????? ?????????? ?????? (??.??. ????????) is gaining traction in addressing the housing supply crisis by promoting new housing development and increasing accessibility to affordable housing. Its emphasis on inclusivity and stabilizing the real estate market could create new investment opportunities! ??? ??.??. ??????, ???????? ?????????? ???? ?????? ?????????????? ?????????? ?????????????? ???????? ??????, has been given the green light by the House Financial Services Committee. This initiative seeks to align federal housing requirements with state laws, reducing conflicts and providing clarity for property owners and investors. ??? A potential ?????????? ?????? ???????????? ?????? is sparking discussions due to its potential impacts on property rights and affordable housing. As deliberations continue, we urge Texans to express their viewpoints to legislators regarding HOA regulations for the 2025 Legislative session. Stay ahead of the curve by scheduling a call with our experts. Stay informed and proactive in leveraging the latest insights and trends in this constantly evolving governmental landscape. Let's maximize your real estate investments together! Learn more at https://lnkd.in/g9iRQNwU ??: 210-344-3463 ??: [email protected] #RealEstateLegislation #YIMBYAct #HB802 #TexasRealEstate #HousingAffordability #PropertyManagement #InvestmentOpportunities #Homeownership #ProtectPropertyRights #CommunityLiving #RentalMarket #HOABanDebate #LegislativeUpdate #RealEstateInsights #StateHousingLaws #RealEstateTrends #HendricksPropertyManagement
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“Justice for Renters Act” Why This Proposal Is Terrible For All Rental Housing Owners In California. The Justice for Renters Act has qualified for the November 2024 California ballot. The Proposition still needs to be assigned a ballot number. The measure provides that: “The state may not limit the right of any city, county, or city and county to maintain, enact or expand residential rent control.” What this Means: It Gives Local Governments the Ability to Impose Extreme Rent Control: ? The initiative will allow local governments to impose extreme rent control on all rental housing regardless of the age or size of the building. ? It rescinds the current state law that bans extreme rent control, known as the Costa-Hawkins Rental Housing Act. Currently, Costa-Hawkins prohibits local governments from imposing rent control on: ? Single Family Homes & Condominiums – If the property is a single-family home or is separate from the title of any other dwelling unit, such as condominium units. ? New Construction – If the property has a certificate of occupancy issued after February 1, 1995. ? Previously Exempt Property – If the property was already exempt from a local residential rent control ordinance on or before February 1, 1995. If the Justice for Renters Act passes, all of these current limitations on rent control would be eliminated, including “Vacancy Decontrol,” which allows an owner to charge market-rate rents when a unit turns over. The Justice for Renters Act would allow local governments to control rents even on a new tenancy. It would eliminate the state Costa-Hawkins provisions prohibiting governments from imposing rent caps upon unit turnover, a policy known as vacancy decontrol. Thus, your rental units would forever be regulated by a government entity with no ability to raise rents to market level. The Justice for Renters Act Cannot Be Changed Without Another Statewide Initiative. If passed by the voters, the Justice for Renters Act can only be amended by another ballot measure to change its provisions. https://lnkd.in/gjDGzYty Please share and thank you. #propertymanagement #housing #apartments #housingisnoble
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Robert Harley in the The Australian Financial Review with an excellent piece on why relatively few new homes are being built in apartment form. As Rob correctly points out, #viability or #feasibiilty is the main issue for apartment projects, not planning as some believe it. (The opposite is true for #greenfields and larger #townhouse developments, where navigating the myriad of planning issues remains a much bigger problem than feasibility.) Historically, most infill apartment projects get approved through the planning system. Recent announcements to streamline the process and increase certainty assist, but not nearly as much as would be needed to make them viable again. Substantial building cost reductions, tax incentives and regulatory reforms are all needed. None of which appear to be on the table (or affordable) currently. The chart from Richard Temlett at Charter Keck Cramer demonstrates the rapid drop off of apartment commencements since FY18 across the country. This is from a combination of: ? (much) higher costs ? lower productivity ? increased design regulation ? higher taxes and charges ? growing underlying house prices This means that apartment projects remain highly risky and non-feasible across large parts of the country. Most don't appreciate the impact of the apartment "???????????????????? ????????" in the mid-2010s. A perfect combination of: ? high demand (from investors, not owner occupiers) ? (relatively) low construction costs ? easier planning regulations ? better incentives ? low interest rates Meant large numbers of units could be delivered successfully over that period. Those settings have fundamentally changed, and already baked in challenges - macro and micro - mean we won't revert back any time soon to those Goldilocks conditions. ?????????????? ???? ???????????? ???????? ?????????????????? #development ???? ?? ???????????? ??????????????. ?????? ???? ?????????????? ?????? ???????? ???????????????? ???? ???????? ???? ??????????????????????, ?????? ???????? ???????????? ?????????? ???? ?????????????? ???? ???????? ???????? ?????? ?????????? ???? ?????? ???????? ?????????????????? ???????????? ?????????? ?????????????????????? ?????? ???????? ???????????? ????????. #housingsupply #housingtargets #housingaccord #familysizedapartments #planningreform ?#taxreform UDIA Victoria UDIA National UDIA NSW UDIA Queensland Urban Development Institute of Australia (WA) Department of Transport and Planning Victorian Planning Authority Department of Housing, Local Government, Planning and Public Works NSW Department of Planning, Housing and Infrastructure Lendlease Don O'Rorke Ross Elliott Terry Rawnsley Sameer Chopra Peter Tulip Michael Corcoran
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