The great Sydney trade-off: finding the elusive, almost mythical sweet spot

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The great Sydney trade-off: Finding the elusive, almost mythical sweet spot | MattWadeSMH

An affordable home close to the shops, with a reasonable commute to a decent paying job is difficult enough to find. But the juggle becomes even harder once you add school choices and the expectation of enriching leisure time including overseas travel.We're a city searching for a combination that delivers the best of all worlds or, at least, the best available.: to live in beautiful scenery but spend three hours a day shuttling between home and the office.

Sydney-based social researcher Mark McCrindle says that, for many, being average today means “one car per adult, the option of private schools, overseas holidays every few years, a new smartphone each every couple of years and a device or two per child”.The Sydney Morning Herald Census data shows the share of Sydney households who rent has risen steadily over the past decade. A recent study by the Grattan Institute think-tank found the proportion of homeowners declined in 87 per cent of Greater Sydney neighbourhoods between 2011 and 2016.

A recent Deloitte study found the average one-way commute for a Sydney CBD worker was 63 minutes, nearly 70 per cent longer than the city-wide average. In other cases, work-related trade-offs are not so much about income but the need to cater for two time-consuming professional careers. Schooling can also be part of a lifestyle trade-off for Sydneysiders who put a high premium on enriching life experiences, especially overseas travel.

 

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MattWadeSMH Perhaps Sydney should stop contemplating its' navel and try to become a city where people can live.

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