Chapter Four. The Present
<p>Sydney’s robust economy reflects and leads the rest of the country. An unprecedented record of continued financial growth has avoided a recession since 1991. With this backdrop of financial resilience, Sydney’s productivity and export performance have burgeoned and are anticipated to lead to an increase in economic activity of $655 billion by 2036. Planning for 800,000 new jobs and the construction of 36,000 new homes per year is required to accommodate this predicted economic and population spike.</p>
<p>Demographic and affordability changes will demand more diverse housing types, tenures and price points as well as more rental accommodation for middle- and lower-income households. There will also be an increasing need for social housing for the more vulnerable.</p>
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