How NSW’s Housing Supply Crisis Began

Sourceable –

It is now an accepted, though uncomfortable, truth amongst most: we have a housing supply crisis across NSW and, as a result, we have a housing affordability crisis.

Today is one year after the NSW Government mandated the new fast-tracked LEPs must be completed.  It is one year after the LEPs which were funded $2.5 million per council to deliver a plan to meet housing supply demands.  So why did it so spectacularly fail to deliver? Parents and grandparents are increasingly concerned about the prospects for their children and grandchildren living close to them, or in many cases, in the same city. We risk losing our best and brightest because they can’t afford to live here.

Read full article here.