The built environment has value. Most commonly, that value is established through market prices for rent or purchase. Some elements of value, while recognised as important, are under-appreciated as it is difficult for them to be directly monetised or quantified in other terms.
The current housing market is failing to deliver good design outcomes for higher density housing in Australian cities. As a result, dwellings are unaffordable and inappropriate for the wide range of households that are seeking medium density living.