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the real story is in the comments .. the bubble she is a busting before your eyes http://www.news.com.au/money/property/housing-shortfall-locking-out-thousands/comments-e6frfmd0-1225859125872

800 000 empty so is no under supply reguardless if second home .. also rental vacancies tell me there is no shortage . is a big difference between someone who is needing a home and someone who can afford one .. so either wages need to go up heaps or house prices will come down...

i can make a projection to .. but that's not real numbers . supply in 2008 8.86 million so could support over 22 mill then . . was over 300 000 spare houses then and the number built 2008/2009 was aprox 300 000 so still no shortage infact an over supply . the concerning thing is the way...

question what is australia's current housing stock ? before we go any farther on the under supply side of things .

ok just did some sums on the 57 mill house that sold in perth on an average sales price of 480k x2600 sales for the month as a % of total sales value the 57 mill house was 4.568% of the total sales for the month . now tell me it dont skew numbers

so a house in perth sells for 57 mill .and this dont skew the numbers hmmmm also 3 sold in vic last month or the one before 20 mill each

is a win win for both parties involved .the elder relative gets some help and the costs cheaper for both . my present situation i have a place in qld . ill get around to putting something on . but happy to rent in a million $ suburb in perth for 250 a week 4 bed house . 4 km to city . no...

are prices also rising due to forced sales at the top end .skewing the averages .. that place nicole kidman paid 20 mill for didn't she palm it off for 13 mill.

i have a decent chunk of mine in bullion at present . an amount im comfortable with . have been since house sale (played bullion longer though) . i feel the stock market could go either way atm so not very comfy there but some stocks will do ok . these are very unpredictable and uncertain...

here is the answer at 7% growth the average house price in ten years would be 944k average wage grows by 5 % in ten years time 97k repayments on 944 k are 76k a year .. that 97k is pre tax . ok so your saying richer people will move into the area to maintain price growth .where are...

hi, new here so i thought id post something to get things moving . A house only worth what some one is willing to pay . case in point scarborough w.a. one street of beach bought early 2007 380k. sold 2008 (owned 18 months) 545k since rezoned from 16 villa's to 57...