Melbourne becomes a city of shoebox and postage stamp homes
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As Melbourne’s population has ballooned by an insane 1.2 million people over the past 13 years, and with the city projected to grow to more than 10 million people by 2066 under the ABS’ ‘medium’ projection:

Melbournian’s have already experienced the proliferation of high-rise ‘shoe box’ apartments, which have long been denigrated for their poor design.
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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.