NSW, Australia (PRWEB) June 27, 2012
The National Housing Supply Council released a report this week reflecting a likely decline in homeownership, as mortgage and property rates still demand for an unreasonable part of most people’s annual incomes — even after prices continue to undergo substantial declines. With this nationwide “housing stress,” a term coined by the Council, Containers First, a 25-year leader in shipping container sales and hires, recently announced that quality and especially designed shipping containers can be an urgent and relevant housing solution.
The innovation offered by Containers First can be optimised to meet demands for safer and long-lasting homes that are within reasonable rates. This is in answer to the Council’s findings that the market value of residential dwellings is well above the recommended mortgage-income ratio, a statement echoed in the recent study of property research firm Demographia that estimates Australian homes are valued at 6.7 times the annual average income.
This alarming shortage of available and affordable housing is seen in both Australia’s urban and regional areas. While it is experienced by households of average incomes, the undersupply is felt on a greater degree by people and families with lower-income levels. This phenomenon is even more critical in the case of renters, as the housing report estimates more than 30 per cent of their incomes are allotted for rental payments, with 40 per cent of them forking over half of their total gross earnings a year just to pay the rent.
Given this market climate, Containers First’s solution of appropriating shipping containers for sale as rental properties can benefit mutual parties: renters looking for cost-efficient housing options, as well as property owners needing additional income to address mortgage payment requirements.
“Homeowners can make extra money by putting a shipping container home on their land and renting it as accommodation. In the meantime, people looking for homes to rent can enjoy the stability and comforts of traditional homes without the unreasonable cost,” a Containers First representative says. “The potential financial activity from both renters and homeowners can be hugely beneficial to drive market movement.”
Far from being mere box-type dwellings, new or used shipping containers for sale from a trusted supplier such as Containers First present the great possibilities of this recycled and malleable material. Inspired by the now-trending “cargotecture” concept, living spaces made from shipping containers are extremely durable, upgraded to last even extreme weather conditions, and designed to offer the comforts of modern living. With a few architectural and creative design touches, cargo unit homes can even prove to be breathtakingly beautiful, as seen in designer shipping container structures around the world.
Portable buildings by Containers First, for instance, are especially designed for living spaces such as homes, offices and commercial venues. The flexibility of the material allows model specifications to be customised to meet the space, safety and convenience requirements of the customer. With the expertise of Containers First engineers and custom builders, units can also be fitted with modifications such as personal door access, fitted shelving, insulation and ventilation components, security lock boxes, and air-conditioning systems.
For more innovative ideas on how to make modern living more sustainable, comfortable and cost-efficient, interested parties can visit containersfirst.com.au and ask for a free online quote today.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/containers_first/prweb9641354.htm