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The End of Affordability Part 3

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Uploaded on Sep 21, 2007

The End of Affordability is a grassroots documentary, and has been divided into 5 parts for viewing on YouTube, each part approximately 5 minutes in duration.

The aim of the film, produced in late 2006, is to provide an overview of the problems associated with what is commonly known as "urban consolidation", with particular reference to the reduction in housing affordability resulting from this disastrous planning policy.

Many governments (including the NSW State Government), environmentalists, planners and business interest have advocated this approach for more than a decade. However, not a single successful example of urban consolidation exists in the world, and there are now a growing number of people and organisations coming out against what is a fundamentally flawed and socially destructive planning ideology.

Dr Tony Recsei, President of Save our Suburbs (SOS) is interviewed about the problems of urban consolidation. Five major issues or "fallacies" are discussed, with the reduction in housing affordability being the biggest problem now facing the first home buyer.

In addition, the fight by CAPO and its thousands of supporters against a major apartment development in the Sydney suburb of Putney is highlighted as a typical example of what is happening in many suburbs and towns around Australia. The democratic rights of citizens and their local councils are being overruled by centralised State Government planning policies. The end result is that the ability of the average individual or family to own and live in their own home is under more threat than at any time in the last 60 years.

The critical problem of housing affordability is confirmed by The National Affordable Housing Forum held at Old Parliament House Canberra on 23-24 July 2006, where it concluded that:

"During the last decade or so,

• average house prices relative to income have almost doubled
• the proportion of first homebuyers has fallen by about 20%
• average monthly payments on new loans have risen by 50%
• the proportion of low-rent homes has fallen by at least 15%
• opportunities to rent public housing have fallen by at least 30%"

For more information about this documentary please contact: Dr Tony Recsei, President of Save our Suburbs on:

• Phone: (02) 9487 2061
• Email: trecsei@bigpond.net.au

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