Blogotariat

Oz Blog News Commentary

Australia’s housing shortage projected to worsen

July 30, 2024 - 13:00 -- Admin

AMP deputy chief economist Diana Mousina has released a report examining Australia’s housing market. Mousina claims that “housing demand in Australia has been running above housing supply for the past two decades causing a dwelling shortage”. Housing demand is determined mostly by “population growth (mostly driven by net overseas migration)”, whereas “housing supply is determined

The post Australia’s housing shortage projected to worsen appeared first on MacroBusiness.