Multi-billionaire high-rise apartment developer, Harry Triguboff, has savaged the Morrison Government’s HomeBuilder subsidy for biasing detached housing over apartments:
“This decision completely baffles us because 68 per cent of new homes completed in Sydney are actually apartments. This is where the jobs are”…
Mr Triguboff questioned why the government was trying to manipulate the housing market by setting price caps that excluded certain areas and dwelling types. “Once again, the government has provided a stimulus which clearly discriminates between housing types”…
