Committee for Sydney urges residents to ‘become a yimby’ after finding housing crisis costs economy more than $10bn per year
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Sydney’s chronic housing crisis is costing the economy more than $10bn a year, according to research from the Committee for Sydney thinktank that also found just five major cities around the world were more unaffordable.
Researchers found the costs were being felt most by young Sydneysiders at the start of their careers who were affected by an inability to find affordable housing near their work, leading to a costly loss in productivity.
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