13 million spare bedrooms in Australia could be rented to help alleviate the housing crisis, according to a QUT Centre for Justice briefing paper.

Australia's housing crisis could be mitigated by utilizing 13 million spare bedrooms, primarily in the homes of older Australians who are "asset rich and income poor." A QUT Centre for Justice briefing paper suggests that renting these rooms could provide supplemental income without impacting pensions or capital gains tax. Recommendations include better awareness of tax rules, tenant protections, and management systems to ease the renting process for homeowners.

October 06, 2024
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