Last week, apartment developer Tim Gurner said the quiet bit out loud when he admitted that relaxing planning rules won’t magically boost housing construction:
“Rich Lister and Melbourne developer Tim Gurner says while the anti-development stance adopted by many councils is a major roadblock, it is only a part of problem”.
“He estimated that less than half of the 51,000 new dwellings approved in Victoria last year would actually get built, due to poor pre-sales, financing or developer capability”.