Building apartments along transport routes in Sydney was meant to create a more sustainable city. Across the suburbs, local groups are fiercely resisting plans for more building. And is it too late to rescue the benefits of a more compact, less car dependent, more sustainable city? That meant 78,000 units were approved between 2012 and 2015, RBA figures show, an increase of 18% on the existing apartment stock. Higher density development has not yet fulfilled the hopes of those who claim lack of supply is the key to taming rampant property prices, despite recent signs of the market weakening.

Source: The Guardian January 03, 2018 18:00 UTC