Housing investors turn to boarding homes to boost returns

June 17, 201510:47 am

A surge of boarding houses is popping up around Sydney, as new incentives to build affordable housing, and a welcoming attitude among council planners, make the asset class increasingly appealing to developers.

Pubs, warehouses and even plain old houses are being converted into affordable lodgings as demand soars from students and key workers for low-cost housing close to the city.

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