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Downturn in demand for office space could help solve Sydney's housing shortage

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In a city beset by vacant offices and a lack of housing, a Sydney developer is hoping that one problem can solve the other.

One private developer is teaming up with a community housing provider in the hope of delivering much needed affordable apartments for frontline health workers.The post-covid downturn in demand for office space could present a chance to help solve Sydney's housing shortage.One private developer teaming up with a community housing provider in the hope of delivering much needed affordable apartments for our frontline health workers.

It would also create another 100 units reserved for health workers to rent at a discount of at least 25 per cent off the market rate. There's still a lengthy approval process to go through, but these sort of changes are exactly what the Minns government wants from developers.

 

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