Plans for my suburb are a microcosm of what’s wrong with Australia’s housing. And it will get worse | Julianne Schultz
The system is already failing and amid a worsening crisis the country is rocketing towards 40 million people If Australia is to have a population of 40 million in a few decades, as the intergenerational report predicts , adequate housing will be crucial. Already the system is failing, housing insecurity is rife in one of the richest countries on the planet. The number of public and community…
Australia's housing crisis is a pressing issue, with the country expected to reach a population of 40 million in the coming decades. The current system is failing, as demonstrated by the decline in public and community housing in New South Wales. The National Urban Policy, promising sustainable, inclusive growth, affordability, and environmental protection, falls short in addressing the current crisis.
The government's proposal for Woollahra, a suburb in Sydney's east, exemplifies the problem. Despite its heritage value, the suburb is set to be transformed into a high-density area with 9,400 new apartments, many of which will be unaffordable due to the one-third land costs, one-third construction, and one-third profit rule. This transformation is expected to lead to the demolition of heritage buildings and trees, further damaging the social fabric.
The state government's plan to build more dwellings without addressing the affordability issue will exacerbate the housing crisis. A more sustainable approach is needed, one that prioritizes genuinely affordable dwellings and maintains the social fabric of communities.
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