Raymond pays just $150 a week for his tiny, dark, two-room unit in Paddington, where he's lived for 45 years. Now, developers want him out. Read more about the push for change in this blue-chip Sydney suburb. (No prizes for guessing why a property spruiking Domain.com.au will not be siding with the underdog pensioner) #Paddington #PropertyDevelopment #RealEstate #SydneyProperty #HousingCrisis #RentalCrisis #Greed #Propertylobby

https://www.smh.com.au/property/news/raymond-pays-150-a-week-to-live-in-paddington-developers-want-him-to-leave-20240711-p5jssp.html

Raymond pays $150 a week to live in Paddington. Developers want him to leave

Sky-high property prices are enticing developers to replace cheap housing with luxury homes. But they probably didn’t anticipate the backlash.

The Sydney Morning Herald