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Collapse Issue 402 - 19 Sep 2016Issue 402 - 19 Sep 2016
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Greedy over-development ends up costing more

Mr Matthew Wales from Peninsula Chamber of Commerce has made an unfair judgement about the way ahead for the people who live in the back lane and in the back yards of "normal houses" who do contribute to council coffers via rent to the owner.

Not all owners wish to play the high stake game of real estate price rises, by choice they buy what they can afford, factoring in the resources which come with the existing home on the block.

He might, however, be describing what is happening, in reality, that is the ripping out the old worldly soul of the Woy Woy Peninsula, by redevelopment of many blocks into blocks of units or townhouses.

It's an issue of redevelopment not one of trying to squeeze more out of empty purses.

Are the societal benefits of comfortable old granny flats being ignored by Chamber?

Is he advocating squeezing the poor for more; as well as squeezing our environment by not recognizing that if over-development and greed persists it ends up costing more.





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