The revamped Queen Victoria Market will deliver thousands of homes but how affordable will they be?
Submitted 1 day ago by Davriellelouna@lemmy.world to melbourne@aussie.zone
https://www.abc.net.au/news/2025-09-02/queen-victoria-market-redevelopment-housing-boost/105722108
DavidDoesLemmy@aussie.zone 1 day ago
It’s supply and demand. Apartment prices in Melbourne haven’t gone up in 15 years and it’s all because so many get built each year. The brand new apartments won’t be affordable, but every other apartment will become more affordable because of increased supply.