Abstract

New urban development is viewed as primarily being about the production of housing and therefore closely related to housing policies. Recent innovations for implementing new urban development at the fringe of Sydney are commented on, and the possibility of increased servicing costs and consequent reduced housing affordability is raised. Given the scarcity of public funds and concern for housing output, the paper argues for moves towards a user-pays approach for pricing serviced land, but with greater assistance for housing output. Furthermore, it is suggested that the concern for avoiding scarcity and managing the supply of serviced land is secondary to the main aim of achieving housing ouput.

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