NIMBY v YIMBY as Victoria’s housing crisis grows
Developers and pro-housing density community groups warn that a Greens-led Melbourne council’s plan to increase the “vibrancy” of one of its suburbs by prohibiting apartment developments unless they also allow commercial space will only jack up house prices and create economic dead zones.
Merri-bek City Council is considering a plan that would force residential property developers to set aside a proportion of any new project for commercial floor space around Sydney Road, Lygon Street and Nicholson Street in Brunswick, in a bid to generate 5400 extra jobs by 2035.
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