William Bourke from Sustainable Australia Party breaks down a real case: in 2016, developer Landmark won approval for a 74-apartment development using a height and density bonus scheme — building well above normal planning limits in exchange for offering a small share of units at around 20% below market rent.
William Bourke from Sustainable Australia Party breaks down a real case: in 2016, developer Landmark won approval for a 74-apartment development using a height and density bonus scheme — building well above normal planning limits in exchange for offering a small share of units at around 20% below market rent.
The catch? Landmark only committed to that discount for 10 years. Just 8 years in, they applied to end the affordable housing period early — and took the council to court when it refused.
So is this really "affordable housing," or a windfall for developers dressed up as one? William asks whether governments should instead prioritise genuine, publicly-funded social housing capped at 30% of household income.
What do you think? Let us know in the comments.
đź”— Learn more about SAP's housing policy: sustainableaustralia.org.au
📢 Authorised by William Bourke, Sustainable Australia Party
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