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Why prices are so high: unique nature of our cities

Discussion in 'General Property Chat' started by Pins, 8th Nov, 2015.

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  1. Pins

    Pins Well-Known Member

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    JDP1 and HUGH72 like this.
  2. Angel

    Angel Well-Known Member

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    Well der.
     
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  3. Chilliblue

    Chilliblue Well-Known Member

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    Prices are not high comparable to per square metre.

    We prefer larger dwellings with more onsite features.
     
  4. JDP1

    JDP1 Well-Known Member

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    ...however, the article has an incomplete view imo.
    It's correctly made a correlation between size and high prices..and I'd add it's concentration in select areas that really makes it expensive. eg of the 4plus Mil that call melb home,how many would consider Hi rise cbd stock? Similarly, how many would consider far flung areas? What does that leave? Thus high prices in that 5-20km zone.
     
  5. AndrewTDP

    AndrewTDP Urban Planning Consultant Business Member

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    And the reticence to consider something like terraces townhouses etc because people "need" to have the largest average home size in the world.

    Property doesn't have to be as expensive as it is. Our greed (in terms of house size and lot size) has made it expensive.