‘Supply-demand mismatch’ continually fueling housing prices
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- เผยแพร่เมื่อ 30 ก.ย. 2024
- REA Group Senior Economist Eleanor Creagh says home prices are going to continue lifting with the ongoing “supply-demand mismatch”.
Ms Creagh told Sky News Australia that the lack of housing supply with the increased demand is “fueling” prices.
Australian home prices are expected to rise by up to five per cent by year's end.
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saying 'supply and demand' is like saying house prices are going up because house prices are going up... aussie politicians and the real estate industry don't want to explain that the real cause is excess immigration.
Politicians are fine tuning supply and demand to create steady growth in property investment, the side affect of this manipulation is massive rental prices, unattainable home ownership for many, a cost of living crisis and families living in tents, don’t expect these issues to be fixed anytime soon.
How many houses does Blackrock own in Australia?
They basically own the banks though other entities
How many Chinese own Australian households?
It's non Australians being allowed to buy property that's the problem
Ownership is irrelevant. If there are not enough houses and too many people needing houses, the only result is disaster.
Ownership is irrelevant. If there are not enough houses and too many people needing houses, the only result is disaster.
Keep,the people struggling then they don’t have time to look into what the government is doing
Being a company economist is the best job in the world. Produce nothing, zero accountability and all you do it talk about what the experts have done. She has no idea.....
You've said the same thing for over 2 year's move on there's no intention of solving anything
Wrong, it's owners over valuing properties to make a quick buck driving up housing prices and everyone knows it.
Are you high? Anything is worth what someone will pay. If you want prices to go down in any market you either need to over supply or cut demand.
@@paulgraham5790 Put the bong down Paul, you obviously don't understand the fundamentals of making quick gains from real estate, it's all about making more money, ironically idiots are stupid enough to pay and demand more than they should be leading to further increases in price.
Naive insight.
@@connorduke4619 It's how the market works champ, you'll understand it a bit better when you're all grown up. 😉
@@Genesis-007 You're right. I'll defer to you. My masters degree in economics and experience as an economics consultant do not weigh up to your genius insights on the topic of economics. "Sellers just insist on higher prices and so buyers are forced to accept, irrespective of their ability to pay". Pure genius.
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