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NSW housing policy states higher density developments must allocate some ‘affordable’ units – but in some suburbs these can still fetch up to $1,000 a week
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The trend of knocking down older blocks of flats to replace them with a smaller number of luxury apartments in parts of Sydney could see community support for development dive, federal independent MP Allegra Spender has warned.
Spender, whose Wentworth electorate takes in Bondi, Potts Point and Paddington, has written to the New South Wales housing minister, Rose Jackson, calling for urgent action.
Source: www.theguardian.com
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