Too many people too few houses

Discussion in 'Property Market Economics' started by Jacque, 7th Jun, 2011.

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  1. Jacque

    Jacque Jacque Parker Premium Member

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    http://rebaa.com.au/images/media/2011/Too_many_people_16_april.pdf

    Interesting article from the April Weekend Australian on vacancy rates. Unlike the US we have a shortage of housing in many parts of our wide brown land and it doesn't appear to be abating. With vacancy rates now hovering around 1% nationally its tough times for tenants.
     
    Jacque, 7th Jun, 2011
    #1
  2. BillV

    BillV Well-Known Member

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    Jacque
    And there is no light at the end of the tunnel.
    I think we need more insentives for developers and the easiest thing IMO would be to introduce easier lending.
    We need a nationwide lending scheme for residential developments.
    Ofcourse lower state taxes would help as well
     
    BillV, 15th Jun, 2011
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