New Housing Zones Could Make Rich Richer Poor Poorer
New residential zones being considered by Planning Minister Matthew Guy risk pushing up house prices dramatically in Melbourne’s most expensive suburbs, and depressing land values in less wealthy areas,
according to a letter penned by 35 of Victoria’s most senior planners and consultants.
The letter, submitted as part of a review of residential zones set up by the minister, argues that vast tracts of inner and middle Melbourne could soon … Read the full post »