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.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.
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