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You know, the govt galahs that keep talking about SEQ population going up 50% need to answer some serious questions. Let's take SEQ water supply. Current Full Supply Capacity = 1,760,050 Megalitres 2031 Projected Additional Urban Water Suppy = 70,000 ML (from the unbuilt Traveston Dam)...

and for the last 9 months, upper end values have been flat to negative, which counters there's a supply problem.

And that's the point I think the media and the market need to get clear about OP. The primary problem isn't lack of supply, but affordability. Ergo, the problem won't be resolved by providing 22,000 new dwellings, at current values. And the industry and govt need to be clear about that.

Hi UC, I'd love to understand the use of the term 'housing shortage' a lot better (in the context the sales dude used it). I mean if we are 22,000 houses short, why is any one home on the market for more than 8 weeks? A shortage implies there's people sleeping on camp stretchers in their...

always amazes me when I hear these projections : - where's the 50% additional water reservoir going to be located? - where's the road widening plans? - where's the train capacity? - why aren't current transport corridors already allowed to increase urban densities? after all, 2031 is only 22...