u/GregLocock

Developer Assemble withdraws significant number of promised near-complete affordable homes

Promise 60% affordable units
Get exemption to height restriction
Build units
Reduce proportion of affordable units
Profit!!!

abc.net.au

Geelong is a global luxury hotspot

At the same time, Geelong — about 75km southwest of Melbourne — is emerging as one of Australia’s most compelling regional prestige markets, offering a rare blend of coastal amenity and city connectivity.

https://www.realestate.com.au/news/surprise-aussie-town-thats-suddenly-a-global-luxury-hotspot/

Can't be true, the rug place has closed down.

u/GregLocock — 1 day ago