Apr
09
Housing Costs Are Pushing People Further Out of Sydney
By-
Premier Gladys Berejiklian targets more supply to tame prices
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Surging population, home prices send buyers to city-fringes
Akhilesh Mehta flops into his bus seat and readies himself for the hour-and-a-half commute from his job in central Sydney to his home on the city’s outskirts. As the bus crawls through bumper-to-bumper traffic, the 48-year-old accountant says he puts up with the journey for a simple reason: when it came to buying a family home, the city’s fringes were “the only place I could afford.”…