No solutions in sight, for extreme costs of living in Sydney. Although Sydney's average house price fell by 9.7 percent, and rental costs have dropped just a tiny bit, they are still unaffordable for people on average incomes. Despite election promises of targeted measures to some limited categories of people, there is not much discussion on the causes - due to growth overshoot and overdevelopment of size and scale. Sydney is stuffed, with over-extended suburbs, population pressure, public transport struggling to provide services, and rising utility costs of energy, water and transport, while wage growth is non-existent.
Meanwhile the government still allows coal mining under Sydney water catchment areas, which leads to a permanent reduction in their "water catching" abilities. Growing extreme heat every summer is making everyone a little crosser, especially in the outer west. Sydney's "cost of living" isn't only what we pay, but also what we add to our global heating predicament. Global heating is getting worse, and the NSW government is still stuck in maintaining our overall fossil fuel energy dependence, pushing harmful coal and coal seam gas mining, and the NSW fleet of aging, failing gas and coal power stations.
"The heat particularly affects thermal electricity generation because the efficiency of thermal generation depends on temperature extremes between input and output."
Sydney's expensive water desalination plant has been switched on for the first time in seven years, because of ongoing heat, drought and falling water levels in Sydney dams. At peak output it will supply about 15% of Sydney's drinking water requirements, and add about $30.00 your annual water bills.
The end result of all these trends, is a growing squeeze on the health and well being of those that choose to stay in Sydney. Sydney still ranks high in "quality of living" in global city rankings, but only while you can afford it.