“There is no point buying a four bedroom home with a garage, if tenants want two bedroom apartments.
“As a general rule, out of the population of people living in that area, 30 per cent of them should be renting. Some of the urban growth corridors, only 15 per cent of the population are renters.”
But if there is already existing infrastructure, Ms Collier-Kogtevs believes it is much more attractive to renters that planned expansion.
