There are social housing groups and development lobbyists who constantly call for greater strata housing densities, aware this can only undermine rental housing on freehold land, if privately funded.
Their call often refers to the “rental crises” to support increased housing densities in Council areas, especially in the Sydney region.
The previous State Labor Governments constantly feigned concern about the rental rental crises, while aggressively undermining private rental housing on freehold land with SLT agenda, literally thousands of exclusively rental apartment building and “tourist accommodation”, use of a freehold site.
SLT is designed to impact freehold land use, to promote the sale of freehold and conversion to numerous strata lots.
This is the NSW State Treasury stealth planning ploy, to generate and compound additional State property taxes.
An agenda NSW Treasury hierarchy, many politicians and Bank economists call this “efficient Town Planning”. We call it an invitation to corrupt the planning process.
The following SLT data ,although, about 10% conservative ,expose SLT agenda and how determined it is to undermine private rental housing in the example Council areas and has exacerbated the rental housing crises and demand for government housing.
State Land Tax 2011
| Council | Rental properties | SLT |
|---|---|---|
| Canada Bay | 5410 | $19,900,000 |
| City of Sydney | 27,399 | $42,452,000 |
| Gosford | 8530 | $44,726,000 |
| Ku-ring-gai | 4435 | $20,952,000 |
| Leichhardt | 5624 | $17,790,000 |
| Manly | 3667 | $17,477,000 |
| North Sydney | 8239 | $26,739,000 |
| Pittwater | 4193 | $40,841,000 |
| Randwick | 9808 | $40,526,000 |
| Warringah | 8239 | $24,364,000 |
| Waverley | 8362 | $43,203,000 |
| Woollahra | 7442 | $64,369,000 |
| Total | 101,205 | $383,466,000 |
SLT agenda is to undermine private rental housing use of freehold land. The media, social housing groups, and the development businesses are silent. Why?