Australian apartments are a financial trap. Policymakers, think tanks, the media, and the property lobby are pushing for Australians to live in high-rise apartments to accommodate an additional 13.5 million people in the country over the next 39 years.
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https://www.macrobusiness.com.au/2024/09/australian-apartments-are-a-financial-trap/
Australian apartments are a financial trap
Australian policymakers, think tanks, the media, and the property lobby want to force Australians to live in high-rise apartments to squeeze an additional 13.5 million people into the country over the next 39 years. For example, projections from the Urban Taskforce have Sydney’s dwelling composition transforming from a majority of detached houses in 2016 to