Australian Property Journal –
THE NSW Productivity Commission has warned that the brief boom in housing completions in the late 2010s is about the largely undone, with Greater Sydney set to be 30,000 dwellings short of targets by 2026.
The Sydney CBD, inner west, the east and the north shore are expected to be hardest-hit by the undersupply, and Urban Taskforce CEO Tom Forrest said “the clear implication is frustration with the government’s manifest failure to progress reform the planning system and deliver greater housing supply”.