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Background on housing affordability

8 months ago

What is:

Affordable housing is at an historic low on the Northern Beaches, with median house prices 50% higher, and rentals around 100% higher than the Sydney Region. A recent needs analysis outlines the scale of the issue. Many young people, families, retirees and key workers are struggling to afford to live here. This has flow-on effects on the local labour force, services, businesses, family unity and social cohesion.