Tag: capital cities
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Radical Plan to Expand Australia’s Capital Cities and Cut Home Prices
What the plan proposes Urban planners and policy analysts are weighing a bold proposal to rethink how and where homes can be built in Australia’s capital cities. The core idea is simple but transformative: allow three-storey apartment buildings and townhouses to be constructed anywhere within the major metropolitan areas of Canberra, Sydney, Melbourne, Brisbane, Adelaide,…
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Radical plan to revamp Australia’s capital cities could shave $100,000 off house prices
Overview of the proposal A bold, contents-based proposal aims to radically alter how Australia’s capital cities are built. By allowing three-storey apartment blocks and townhouses to be constructed across the major metropolitan areas, proponents say the plan could unlock tens of thousands of new homes each year, drive down rents, and bring city living within…