Policy backflip applauded by property and development groups but some doubt it will have significant effect on prices
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Brisbane city council is considering rolling back expensive car-parking requirements for developers in four inner-city suburbs in a bid to slash the cost of housing.
Economists and urban planners say car-parking minimum requirements add as much as $100,000 to the cost of an apartment and increase congestion.
Continue reading…Policy backflip applauded by property and development groups but some doubt it will have significant effect on pricesFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastBrisbane city council is considering rolling back expensive car-parking requirements for developers in four inner-city suburbs in a bid to slash the cost of housing.Economists and urban planners say car-parking minimum requirements add as much as $100,000 to the cost of an apartment and increase congestion.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…