I have read news that the Commonwealth government will focus on high-rise developments. Will this present a good investment opportunity? Are high-density accommodations historically good investments?
Get ready: high-rise suburbs coming
Author: Linton Besser and Wendy Frew
Date: January 6, 2009
Publication: Sydney Morning Herald (subscribe)
Sydney will be reinvented as a high-density metropolis serviced by mass-transit subways under a transport blueprint being developed by senior state and federal government bureaucrats.
Powerful new legislation underpinning a proposed metro network costing $13 billion will enable transport and planning officials to reshape the inner suburbs of Sydney, paving the way for apartment towers as high as 15 storeys as well as large-scale retail and office blocks......
Source: http://www.domain.com.au/Public/Art...&headline=Get ready: high-rise suburbs coming
Get ready: high-rise suburbs coming
Author: Linton Besser and Wendy Frew
Date: January 6, 2009
Publication: Sydney Morning Herald (subscribe)
Sydney will be reinvented as a high-density metropolis serviced by mass-transit subways under a transport blueprint being developed by senior state and federal government bureaucrats.
Powerful new legislation underpinning a proposed metro network costing $13 billion will enable transport and planning officials to reshape the inner suburbs of Sydney, paving the way for apartment towers as high as 15 storeys as well as large-scale retail and office blocks......
Source: http://www.domain.com.au/Public/Art...&headline=Get ready: high-rise suburbs coming
