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Australia’s property industry loves housing shortages

August 12, 2024 - 13:00 -- Admin

Owen Wilson, chief executive of the $27 billion ASX property classified giant REA Group, admitted that the ‘Big Australia’ mass immigration policy has created ‘goldilocks’ conditions for the industry. “Demand remains strong, thanks to solid population growth that’s been powered by immigration, and perpetually pent-up demand”, writes The AFR’s Chanticleer. “Wilson sees little reason for

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