this post was submitted on 06 Sep 2023
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Just 724 new apartments were built last year, down from around 4000 previously (brisbanenow.online)
submitted 2 years ago by Zagorath@aussie.zone to c/brisbane@aussie.zone
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Disclaimer: "Brisbane Now" is run by the Labor Party Brisbane City Council team. It is pretty explicitly biased in their favour.

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[–] w2qw@aussie.zone 3 points 2 years ago

It depends the infrastructure costs required for the new development is more than what they recover. If it's less and reducing them encourages more development then it gives them more revenue overall.