Melbourne residents face high-rise slum future

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7News reported that 20 to 40-storey apartment towers will be built in middle-ring suburbs located along the 90-kilometre Suburban Rail Loop (SRL):

The state government claims it will create 70,000 new homes to help cater for a population of nine million Melburnians by 2056:

Victorian population projection

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.