EzResidential » EzResidential http://ezres.com.au/wp ahh... that's easy! Wed, 01 Sep 2010 01:18:41 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Full-blown housing crisis looms http://ezres.com.au/wp/2010/09/full-blown-housing-crisis-looms/ http://ezres.com.au/wp/2010/09/full-blown-housing-crisis-looms/#comments Wed, 01 Sep 2010 01:18:41 +0000 Dianne | Charterhill Group http://ezres.com.au/wp/?p=31 ANZ Banking Group has criticised first-home buyer incentives as a Bank-Aid approach to the housing shortage and warned of a “full-blown housing crisis” if supply-side obstacles are not removed.

The bank warns that dwelling completions will probably peak just below 160,000 in 2011 before retreating to well below the 200,000 a year that is needed, driving up house prices and rents.

Price growth in both house prices and rents is expected to continue well towards the end of this decade……

The Australian Financial Review 19th August 2010

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