Sydney risks becoming ‘city with no grandchildren’ as housing costs push out families, expert warns
by Australian Associated Press from World news | The Guardian on (#6JK0D)
NSW Productivity Commission says exodus of people aged 30 to 40 highlights need for greater density, particularly in inner suburbs
- Follow our Australia news live blog for latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
Sydney is on track to be the city with no grandchildren" as high housing costs drive young families to the regions and interstate.
New South Wales Productivity Commission research found Sydney lost twice as many people aged from 30 to 40 as it gained between 2016 and 2021.
Continue reading...