Only developers benefit from the building that is going on

July 10, 2025

I have never seen so much building going on in our city. So many multistorey apartments, so much urban building and still a shortage of affordable housing.

Why?

Because like this article, all the talk is driven by those with the most to gain. Multistorey units with a desirable outlook and for those struggling at unattainable price tags. Many are built on blocks that have sat vacant waiting for developers to find a way around the zoning regulations that have made the locations the desirable areas that they are.

Million-plus two-bedroom units (one bedroom and a large cupboard) in desirable inner suburbs are not solving the problem for young people trying to get into the market. If what is shown on TV is any indication, building multistorey units, soon to be slums, will only benefit the developer and leave the social problem for government and councils to fix later.

Then there is development on prime farming land and floodplains that’s been a real success. We need more considered regulation not less.