Councils in Sydney’s eastern suburbs and lower north shore are the city’s most anti-development local government areas, with new research showing aggressive NIMBYism is driving property prices higher amid chronic under-building.
Council areas including Woollahra, Hunters Hill and Mosman had the lowest levels of new dwelling construction in Sydney between 2016 and 2021, according to analysis of census data by the Centre for Independent Studies.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
Luca Ittimani is an intern in the federal press gallery at Parliament House.
