Affordable housing — and especially the lack of it — and concerns about the cost of living are among the three main issues facing Prime Minister Anthony Albanese's Labor government ahead of the Australian election in late May. That's why the plan to build a 46-storey rental tower on an overcrowded site in the Sydney suburb of Parramatta is so politically significant. Albanese believes projects like this one by Urban Property Group, a previously unusual type of housing, will help solve the country's affordable housing crisis and could be the key to his electoral success.
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