Unaffordable housing located too far from employment sources.

Unaffordable housing located too far from employment sources limits local productivity growth by influencing labour supply, which causes losses in efficiency.

“To make large cities ‘work’ it will be essential to re-conceive housing policies as being, in part, concerned with real economic infrastructure to facilitate economic development.

A second step is to move away from a narrow focus on the poorest households and the homeless and to set their concerns within a broader housing systems framework.”

People have a right to have housing choice near their employment and our cities are more productive when they do.

Another great article by Urban Developer: Affordability, Traffic Jams Pushing Workers Out of Sydney


#urbanplanning #lowcosthousing #wearePi #realestate #housing #realestateinvestment #urbanregen

 
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