Wednesday, August 24, 2011

Crazy house prices

















THE results show that Coldstream real estate has risen 55 per cent over the past five years. The table shows similar results for all townships in the Yarra Ranges.
This is crazy. How do we expect our children to buy a house, or even a unit, with these increases in prices? Renting is just as bad.
The consequence of increasing house prices and rents will force our children to move away from this area leaving a gap in our workforce and an increase in council services to the elderly.
Our group, COLDSTREAM 2020, believes that releasing more land in the area will reduce land prices for the benefit of all.
Mario Galteri COLDSTREAM 2020

1 comment:

CSQTown Planner said...

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