The ACT Government is at last recognising they dropped the ball with regard to land supply in Canberra, announcing an ambitious plan to release 15,000 over the next five years, with 6,000 of them in Gungahlin.
The LDA's capabilities will be truly stretched to the limit to deliver this, but whatever resources it takes, it has to be done. The situation here where demand has been artificially kept way above supply has been hurting Canberra residents badly by driving land prices way beyond where they need to be.
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