To read the full submission, CLICK HERE
Urban Taskforce Australia notes with concern the item on today’s Council agenda concerning co-living housing within the LGA.
The paper submitted to Council for today’s meeting appears to take a position that student housing is bad and that it will have a detrimental effect on the Randwick community in certain areas of the Randwick LGA.
Cost-effective student housing in close proximity to the University of New South Wales addresses local housing needs for a portion of the community that might otherwise compete in the open market. It creates the benefits of agglomeration where the area becomes a renown and preferred location for high quality education services as well as co-located accommodation.
Co-living and student housing are being delivered because there is a market need for it. It reduces demand for other forms of housing and helps to take pressure off rents by adding to the overall housing stock.
These housing types are not provided as an alternative to building more social housing and stopping it won’t make housing more affordable.
To read the full submission, CLICK HERE