Apartments, starter housing and the impatience of youth
A developer friend from my days as a business journalist sent me his frank appraisal of the housing affordability crisis, which he described as more of a ‘crisis of expectations’. There are many Brisbane suburbs, Dan wrote, where post-war houses sell for less than $450,000. He named a few – Keperra, Ferny Grove, Grovely, all 12 kms from the CBD with good public transport networks and excellent shopping amenity. Most of these homes are ex-…