Boost affordable housing near Sydney metro and train stations
As the housing crisis deepens, we must allow for greater density zoning in areas where there is already investment in transport infrastructure.
“For years we have not been creating affordable housing and we’ve set the benchmark way too low,” says Managing Director Philip Vivian, when speaking to The Guardian this week on Sydney’s affordable housing crisis.
There are key steps we can take to create fairer, more sustainable and more liveable cities, including incentivising developers — who are the largest providers of housing — to increase affordable housing supply. Instead of setting minimum affordable housing mandates, our Governments could instigate Inclusionary Zoning, whereby a Floor Space Bonus would enable developers to provide more housing close to metro and train stations.