Business
Sydney Regulations Boost Apartment Prices 68%, RBA Research Finds – Bloomberg
Sydney’s planning regulations substantially increases the price of apartments and adds more to the price than in Australia’s other large cities, research by Reserve Bank of Australia staff found.
Sydney’s planning regulations substantially increases the price of apartments and adds more to the price than in Australia’s other large cities, research by Reserve Bank of Australia staff found.
Planning regulations related to building heights increase the cost of apartments by 68% in Sydney, 20% in Melbourne and 2% in Brisbane, according to a
research report published by RBA’s Keaton Jenner and Peter Tulip released Wednesday. While construction costs of apartment towers rise as the height i…
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