Page 310 - Week 01 - Thursday, 18 February 1993

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MINISTER FOR HOUSING AND COMMUNITY SERVICES

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 444

Public and Private Rental Housing Costs

MR CORNWELL: Asked the Minister for Housing and Community Services - What is the average cost per month (taking into account rental subsidy, repairs and maintenance and any other costs arising due to differences in circumstances between occupying a Housing Trust home and private rental, eg market rates), to the Housing Trust for each of its (a) 3 bedroom houses; (b) 4 bedroom houses; (c) 1 bedroom flats; (d) 2 bedroom flats; (e) 3 bedroom flats and (f) bedsitters.

MR CONNOLLY: The answer to the Members question is as follows - the information sought is not available. The level of market rent for private sector dwellings does not necessarily reflect the costs of provision of housing since returns on investment are influenced by market conditions, taxation policies and capital growth. A comparison between public and private supply of rental dwellings in the manner sought is therefore inappropriate given the major differences between the two systems.

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