One of Australia's largest shopping centre operators is exploring whether it can build apartments on 42 of its shopping centres. But while some claim this could help the affordable housing crisis, others have reservations.
I think they should be able to build the apartments, having that self contained city vibe as a concept usually works very well. Whether it should qualify for affordable housing bonuses is questionable, generally Westfield would be purely profit focused. Mainly all these schemes should have minimum standards, rent control and audits, regardless of who takes part in them.
I think they should be able to build the apartments, having that self contained city vibe as a concept usually works very well. Whether it should qualify for affordable housing bonuses is questionable, generally Westfield would be purely profit focused. Mainly all these schemes should have minimum standards, rent control and audits, regardless of who takes part in them.