'Micro-apartments'' are a trend in the world's Western cities
Micro trend constituted ''rampant exploitation of renters'' and called for minimum size standards.
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| Chef Josephine Lee, 37, in her 'micro apartment' in Flinders Street. She pays $300 a week for 11.2 square metres of living space. |
Investors usually buy such apartments and rent them to international students and workers.
''Often the bedrooms have no direct sunlight,'' he said.
''Developers make money by such cramming but also by not providing car
parking and other facilities. People who buy such small spaces don't
live in them.''
However, other cities have embraced micros
The Urban Development Institute of Australia said there was
demand from Melbourne buyers and renters.
''It's very dangerous trying
to interfere with the market by having a minimum size because we need
the choice of affordable stock,'' chief executive officer Tony De
Domenico said. ''If there are people who are prepared to live in smaller
apartments, and most are not, why should they have to pay double for
space they don't need?''
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