Further Housing Construction Weakness - 1 direction for Property Prices & Rents, Up

The task of putting a roof over people's heads is rapidly becoming a headache for policy makers as recent indicators show renewed weakness in the housing construction sector.

While developers complain about the difficulties of obtaining finance in a tightening housing market, industry figures released on Friday show construction activity has gone backwards.
Nothing new here, the government is doing very little to address the housing shortage and the RBA is doing it's best to stop housing activity all together.

Considering the above, there is only 1 direction for property prices and rents in our capital cities and that's up. (At least in the short term)

Construction weakness hampers housing