Rob Stokes must kick start Sydney’s falling house supply: Urban Taskforce

PROPERTY OBSERVER

The new Minister for Planning and Public Spaces, Rob Stokes, must kick start Sydney’s falling housing supply as his first priority.

Rob Stokes is a good choice as NSW Planning Minister as he clearly understands the portfolio and is a good advocate for quality urban growth.

Rob has previously been Planning Minister but the portfolio has become much more complex and is even more significant for the state’s economy than when he left the portfolio. Housing approvals have collapsed in Sydney, as have housing pre sales, which will lead to a big drop in the supply chain of new homes over the next few years…

… The Urban Taskforce believes that Minister Stokes must instigate a Housing Supply Summit soon, so that all parties can understand what is likely to happen over coming years if no policy changes are made.

 

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