Developer tyrants rule over Sydney

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A cabal of property industry parasites has demanded developers be given free rein to transform Sydney’s suburbs into high-rise:

The percentage of apartments and houses approved for construction within an 800-metre walk from train stations has been trending down for the past three years, according to research from Urbis.

Urbis group director Clinton Ostwald said site availability and affordability had made densification harder.

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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.