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Quantifying and Addressing the Rental Housing Affordability Gap in Melbourne
How often have we heard government decree that we need to build affordable housing close to jobs, transport and services? Yet in Melbourne these very locations continue to be amongst the least affordable locations to rent or buy a place to live. Developers argue (not unreasonably) that the combination of high land values and build costs mean that smaller apartments are the only way that the market can deliver affordable housing in these more accessible and sought after suburb
