Advertisement
Michael Pascoe has criticised the NSW government’s high density push, which promises to include “up to” 15% affordable dwellings.
Pascoe points out that, according to Planning Department data, as little as 3% of new dwellings in Bankstown, in the Sydney’s south-west, and Kellyville and Bella Vista, in the north-west, have been set aside for affordable housing.
Homebush and Hornsby (both 5%), Crows Nest (10%), and Macquarie Park (10%) will also have significantly less affordable housing than the NSW government promised.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement