Option 2—Require residential parks to publish a comparison document

Standardised comparison documents will help prospective home owners to be better informed and to ‘shop around’ and compare different parks before making a decision. This option is anticipated to cost park owners $1,900 per park, or $385,700 across the market over a 10-year period. This option scored an 8/9 on its contribution to policy objectives and was selected as a component of the preferred package of reform options.

This is a summary of the impacts of option 2 only. For the full impact analysis, read chapter 7 of the C-RIS (PDF, 3.3 MB).