Published On Apr 21, 2024
🔗 NSW is in the grip of a housing affordability crisis that's pricing many Sydney-Siders and regional residents out of the market.
With many Sydney residents being forced to choose between owning a home in the city or having a family in more affordable areas, Sydney is on its way to become “a city with no grandchildren.”
That's why the NSW government has announced bold new planning reforms centred on 2 pillars: Boosting Diverse and Well-Located Homes, and a Transport Oriented Development Program.
But will these controversial new planning reforms see NSW lead the way for the rest of Australia in solving the housing crisis? Or are they just a rushed blanket solution?
Chapters:
00:00 - The current state of housing in Sydney and NSW
01:58 - The NSW Government’s response to the housing crisis
06:54 - Diverse and Well-Located Housing Reforms
08:33 - The State Environmental Planning Policy (SEPP)
09:40 - The Transport Oriented Development Program Reforms (TOD)
13:18 - Do these reforms REALLY address the housing shortage?
14:52 - Are the reforms pro-choice or anti-choice?
16:39 - What’s the REAL financial cost?
17:52 - What are the OTHER economic and environmental gains?
19:42 - Final verdict on the NSW planning reforms
#sydneyhomes #nswaustralia #housingcrisis
Please get in touch with us if you need more detailed advice. Find our contact details below 👇
Download our FREE e-book on "Buying Your Next Home" in which we unpack the decision-making process from a finance perspective for anyone looking to buy their next home. Follow this link to download this guide, obligation-free:
📗🔗 https://www.sfcapital.com.au/guide-to...
____________
SF Capital is an award-winning Mortgage Broker firm that specialises in servicing goal-driven professionals, business owners and property investors.
Contact us on 02 8004 1888
To request an assessment click here: https://www.sfcapital.com.au/contact-us/
SF Capital website: https://sfcapital.com.au/
LinkedIn: / 3572325
Facebook: / sfcapital
Instagram: / sfcapitalgroup
____________
DISCLAIMER:
This video is for informational purposes only and should not be considered financial, legal or tax advice. This video does not take into consideration your personal circumstances. Consult with a qualified financial planner, tax advisor or legal consultant for tailored advice.