EzResidential

Financial Crisis Spikes Rental Costs – see attached article

Dianne | Charterhill Group — Wed, 22 Apr 2009 23:52:22 +0000

Australia’s Housing Industry Association (HIA) says dwindling investment in rental accommodation is pushing up rental costs across the

country.

Despite the global financial crisis, the average capital city rental price grew by 1.7 per cent in the last quarter.

Australia’s Housing Industry Association (HIA) says dwindling investment in rental accommodation is pushing up rental costs across the country.

Despite the global financial crisis, the average capital city rental price grew by 1.7 per cent in the last quarter.

ANZ says housing shortage will cause housing price boom

Dianne | Charterhill Group — Sat, 19 Jul 2008 00:04:36 +0000

THE ANZ Bank says the growing housing shortage is setting Australia up for the “mother of all” housing booms.
New home building figures showing slumping building approvals have sparked fears of a price and rent explosion that will price even more prospective buyers out of the market.
The ANZ’s senior economist, Paul Braddick, said yesterday Australia faced a critical and potentially chronic shortage of housing.
“A growing housing shortage is setting the scene for the mother of all housing booms,” Mr Braddick said.

Welcome to EzRes!

Dianne | Charterhill Group — Thu, 17 Jul 2008 06:00:31 +0000

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