agreed on $15,000 payments to the states per new house to encourage them to loosen planning rules that some economists say make housing more expensive than it needs to be.
Economists say these inner-city councils drive up housing costs across Sydney by limiting the population in the most-desirable suburbs. The councils say they support housing development but it shouldn’t outpace the construction of public transport, new schools and other urban infrastructure. “Forcing family and friends to live far away from each other because there are no housing options nearby is simply not acceptable in a modern society,” he said.“Without unlocking new homes in the middle-ring suburbs of Sydney – known as ‘the missing middle’ – we are stopping multiple generations of families from living together in the same area.”
Across NSW, small community groups, often supported by left and right-wing councillors, have fought new developments. They have contributed to a housing shortage that has driven up the average home in the state to $1,150,400, according to the statistics bureau, and caused many younger people to give up hope of buying property.
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