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Harry says "give me more money".
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One of the reasons that people overseas say our housing is overpriced is because of the high repayments which are caused by inefficient councils and high interest rates. Our councils are still under the delusion that people are against apartments. How come people flock to our apartments and are disinterested in outer cottages? This trend towards inner city apartments is worldwide. And it won’t change in a hurry. So councils must make codes which are economically feasible. And they must give certainty of floor space and speedy processing. This trend has already begun, but unfortunately it is uneven.
Even though Queensland has more efficient councils, the Chinese don’t buy there. In Sydney, we are only now awakening slowly, so developers run to Queensland, where they get approvals. Queensland will have too many units approved, and Queensland does not have the demand of Sydney. So by being slow in Sydney we will create a glut in the Sunshine State.
Even though Queensland has more efficient councils, the Chinese don’t buy there. In Sydney, we are only now awakening slowly, so developers run to Queensland, where they get approvals. Queensland will have too many units approved, and Queensland does not have the demand of Sydney. So by being slow in Sydney we will create a glut in the Sunshine State.
