— $75 per person, compared to NSW's $135.the Victorian government launched a $5.3 billion infrastructure initiative the following yearPart of that includes redeveloping the public housing estate in North Richmond, with the government investing $200 million to provide sporting facilities and playgrounds, as well as 144 new homes on a site that's already home to more than 2,000 residents.
The funding will also go towards upgrading the school drop-off zone at Richmond West Primary, providing extra CCTV cameras at the estate and renovating the existing 21-storey towers. On Wellington Street in nearby Collingwood, the government has also pledged to build 152 new social and affordable homes able to accommodate an estimated 300 Victorians.But the VPTA says while the initiative is a good start, Victoria has a long way to go.
Ms Butterss estimates Victoria needs to build 60,000 properties over the next 10 years to keep up with demand, as cost of living pressures worsen.
Education fixes this
At his age you'd think he'd know better. Now that's an example of bad life and financial planning.
A British friend told me that some local govt authorities (the ppl who do housing approvals in UK ) have a system where the developer must give 10% of a new development over to them for affordable housing. A 50 apartment development means 5 new public housing units Works for me
Public housing, schools and hospitals should only be for disabled or single mothers or those that cannot work. Everyone else, working should be paying! If you have work why are you sending your kids to the local govt school? Get a job, no reliance on govt!
That is what happens when you accused property investors of pushing housing prices up. We won’t invest anymore. Talk to jechalmers and Bowenchris who accused us of being RICH and coming for us auspol
mmm... decades of neglect by state and federal govts.... so much reliance placed on the private sector for everything will lead to the suffering of Australians in need.... big investment is now essential... get the corporate sector to pay their taxes and its possible..
The other story here is the RE agents and landlords discrimination. Leeches and scumbags.
'Too many people who talk about a lack of 'affordable housing' seem to think that this is something the government must build or subsidize. It never seems to occur to them that government activity is itself one of the biggest reasons for housing being unaffordable.' Thomas Sowell
Trump 2024!
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