Sydney’s housing crisis needs strong actions to maximise supply (NSW)

 

SYDNEY’S HOUSING CRISIS NEEDS STRONG ACTIONS TO MAXIMISE SUPPLY (NSW)

With indicators showing a slow-down in housing approvals in Sydney some strong actions are needed to boost supply and help with affordability, says the Urban Taskforce. “Global reports list Sydney as the second least affordable city in the world and strong actions are needed to stop us becoming number one.” says Urban Taskforce CEO, Chris Johnson. “The Demographia International Housing Affordability Survey 2017 lists Sydney number two after Hong Kong and ahead of Vancouver and Auckland as being the least affordable cities. Urgent action is needed to increase housing supply and create more affordable homes.”

Sydneys housing crisis needs strong actions to maximise supply