The Queensland Government is scrambling for solutions to the current rental crisis. Yet Kevin Doodney, Founder of the Future Housing Taskforce has been warning of the crisis since 2009.<\/p>\n
“I recognized the impending housing crisis in 2009 and founded the Future Housing Taskforce at that time. At the same time, I built and trademarked Australia’s first Smarter Smaller™,“ says Mr Doodney.<\/p>\n
Kevin Doodney even appeared on Channel 7’s Better Homes and Gardens in June 2017. Interviewer Johanna Leigh Griggs AM cleverly asked a crucial question “So if we think differently about how we live, we’ve got the solutions for affordable housing… right in front of our very eyes<\/em>”. To which Kevin Doodney replied “always did have<\/em>”.<\/p>\n And he still believes that today.<\/p>\n Mr Doodney has transposed the Smarter Smaller™ home model on to the Rooming House model. Allowing him to be involved in delivering over 1,000 rooms in the Brisbane City Council region.<\/p>\n Realising that building Rooming Houses<\/a> was the solution to affordable housing in Brisbane, Kevin co-founded the High Yield Property Club to increase rooming house supply through private investors.<\/p>\n Rooming Houses do not require a Development Approval, and can be built with the right team of specialists within 38 weeks of land acquisition. So, it is a lean, nimble strategy to execute, delivering 5 rooms per block of land.<\/p>\n As such Mr Doodney and his team believes that with support from institutional and professional investors, they can deliver 200 rooming houses per year over the next 2 years and beyond. That is the equivalent of 2,000 new affordable rentals, subject to land availability.<\/p>\n Mr Doodney believes in creating win\/win situations for everyone involved. The investors are offered an 8%+ return, which is a win for investors. Brisbane City Council, unlike many Queensland Councils, do not charge infrastructure charges on Brisbane Rooming Houses<\/a>, which allows investors to yield a reasonable return. Kevin Doodney calls Brisbane City Council “the unsung heroes<\/em>” who were aware of the problem, and took solid steps to alleviate the problem well before political eyes were on the rental crisis.<\/p>\n And it is a win for tenants as well. Single tenants are the fastest growing rental sector in Australia.<\/p>\n According to the Australian Bureau of Statistics, The largest changes in the number of persons usually resident in a household in Australia between 2016 and 2021 were one person households (+347,199 households).<\/p>\n