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Lucky country lacking housing

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Your Investment Property | 27 Feb 2012, 12:00 AM Agree 0
A slowdown in new dwelling construction and record levels of overseas migration have induced a massive housing shortage across the country that is expected to prevail for at least the next four years.
  • Brent | 27 Feb 2012, 06:45 PM Agree 0
    This is great news for property owners!!!!!!!!!
  • Rob Dangerfield | 28 Feb 2012, 10:49 AM Agree 0
    It will be interesting see which areas are going to be hit hardest by the undersupply because I suspect that not all markets are going to be equal. Maybe some will have an oversupply while the undersupply will be even more severe in certain places?
  • Greg | 28 Feb 2012, 03:45 PM Agree 0
    you might want to have a look on to see how many houses are for sale. A housing shortage! LOL
  • McLovin | 28 Feb 2012, 04:49 PM Agree 0
    of course there's a housing shortage. all those houses on would be the higher priced ones or the regional properties. the people immigrating to australia and increasing the demand for property are probably only buying at the bottom end. so even though it might seem like there's lots of houses up for sale, and some sellers might even have difficulties finding a buyer, it makes much more sense that there's is indeed a housing shortage. anyone trying to find rental accommodation in places like Sydney and Melbourne could see this. that's where all the immigrants are going. if there's lots of unsold houses in regional australia, that says nothing about the housing supply. demand is intense in some places and lousy in others.
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