Tag: Housing Affordability
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Why Australia’s National Housing Accord Won’t Fix Affordability Without Controlling Demand
Intro: A plan built on supply alone Australia’s National Housing Accord aims to boost affordability by increasing the supply of homes. Signed in October 2022 by the federal government, nine super funds, and housing industry bodies, the pact has consistently promised improvement in affordability as the nation ramps up construction. Yet, three years on, affordability…
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Can Australia Fix Housing Affordability with Supply Alone? The National Housing Accord’s Slow Start
Is the National Housing Accord Enough to Fix Affordability? Three years into Australia’s National Housing Accord, the country is still wrestling with rising prices and a stubborn affordability gap. Signed in October 2022 by all levels of government, nine superannuation funds, and housing industry bodies, the accord aimed to unlock the supply side of the…
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NSW Government’s Plan for 8,000 New Homes in Sydney’s Inner West
Introduction In a major initiative to combat the ongoing housing affordability crisis in Sydney, the NSW government has unveiled plans to develop approximately 8,000 new homes along the bustling Parramatta Road. Announced on Sunday, the rezoning of this significant inner west transport corridor aims to enhance housing density and provide much-needed residential options for the…
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NSW Government’s Plan to Deliver 8000 New Homes in Sydney’s Inner West
Introduction The New South Wales (NSW) government has unveiled a strategic plan aimed at combating the ongoing housing affordability crisis in Sydney. With the announcement made on Sunday, the government is set to rezone the bustling Parramatta Road corridor, paving the way for the development of approximately 8000 new homes in Sydney’s inner west. This…
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NSW Government’s Bold Plan for 8,000 New Homes in Sydney’s Inner West
Introduction The New South Wales (NSW) government recently unveiled a bold plan to construct 8,000 new homes along Parramatta Road in Sydney’s inner west. This initiative aims to tackle the ongoing housing affordability crisis while maximizing urban density in the region. With a focus on sustainable development, the government is looking to create vibrant communities…
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Melbourne’s New Apartment Towers: A Zoning Revolution
Introduction to Melbourne’s Apartment Resurgence In a bold move aimed at addressing Melbourne’s housing affordability crisis, the Victorian government has announced plans to allow the construction of apartment towers up to 16 storeys high across the inner suburbs of Melbourne. These changes are particularly significant in affluent areas such as bayside, where local residents have…
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Impact of Private Equity Buying Homes in Neighborhoods
Understanding Private Equity in Real Estate In recent years, private equity firms have increasingly turned their attention to residential real estate, buying thousands of homes across the United States. This trend raises important questions about the implications for neighborhoods and local communities. In this article, we explore the impact of private equity buying homes and…