Who would have thought: Australians don’t like being forced to cram in high-rise apartments and they are not as happy as those living in detached houses. From The AFR:
Apartment living is set to play a big part in Australia’s housing future and yet those living in apartments aren’t as happy with their living arrangements as those in houses.At the end of 2016, more apartments were built across Australia than houses for the first time ever, while over the past 25 years the number of occupied apartments in Australia increased by 78 per cent to 1.2 million dwellings.But while apartment living is on the rise, and set to continue, Australians living in units are not as happy as those who live in a house, a recent HSBC survey shows…“In 20 years townhouses and apartments will become the majority – more Australians will live in a vertical community as opposed to a horizontal one” [social demographer Mark McCrindle said].
The situation is only going to get much worse as long as mass immigration is allowed to stuff our big cities with millions of extra people.
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For example, Urban Taskforce’s projections show that Sydney’s existing suburbs will be bulldozed to make way for apartments and townhouses: