Brendan
13-06-08, 09:11 PM
Just found this article - Housing shortage as population soars | NEWS.com.au (http://www.news.com.au/business/money/story/0,25479,23854083-5013951,00.html)
Its quite short and sweet, but I think it is an interesting discussion, how do we think the shortage of housing is going to affect property investors and developers?
We are already seeing house prices start to fall due to higher costs of living, which means people aren't buying.. but now we are being told there is a housing shortage.. which ideally would push prices up.
So, how can we benefit from it? Is it a time we should start buying as there will be bargains to be had?
Its quite short and sweet, but I think it is an interesting discussion, how do we think the shortage of housing is going to affect property investors and developers?
We are already seeing house prices start to fall due to higher costs of living, which means people aren't buying.. but now we are being told there is a housing shortage.. which ideally would push prices up.
So, how can we benefit from it? Is it a time we should start buying as there will be bargains to be had?