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House prices to hinder Australia's future prosperity

Discussion in 'Property Market Economics' started by Simon Hampel, 6th Nov, 2009.

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Simon Hampel Founder Staff Member

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AM - House prices to hinder Australia's future prosperity 06/11/2009

The governor of the Reserve Bank has warned that Australia's economic recovery and its future prosperity are being threatened by constraints to the nation's housing supply.

Glenn Stevens also says he can't understand why Australian house prices are so high and he's urged governments to find ways to make supply meet demand.
Click to expand...

[audio]http://mpegmedia.abc.net.au/news/audio/am/200911/20091106-am-04-stevens-economy.mp3[/audio]

Last edited by a moderator: 17th Sep, 2016

Simon Hampel, 6th Nov, 2009

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