Office conversions will not fix Sydney's housing crisis
The office-to-residential conversion argument is correct about the problem and wrong about the scale of the answer. Sydney's commercial tower stock is genuinely underused.
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The office-to-residential conversion argument is correct about the problem and wrong about the scale of the answer. Sydney's commercial tower stock is genuinely underused.
Sydney's late-night economy is the most successful it has been in years, and almost nobody in the argument about it lives in the places it happens.
Sydney's housing crisis is no longer a problem for the distant future or for a marginalised few. It has become a defining feature of the city's economic.
Western Sydney International Airport opened for freight services in July 2026, the culmination of a $28 billion investment by the NSW and federal governments.
The timing is not coincidental, and it exposes the gap between the political rhetoric of housing supply and the structural reality of delivering it.
There is a pattern in NSW politics that has become impossible to ignore. A crisis is declared, a deadline is set, and a suite of reforms is rushed.
In return, it secures fixed annual entitlements closer to the city, guaranteed for twenty years regardless of conditions in the source dams.