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"The South Australian housing market is currently experiencing a very severe downturn, with a significant number of building companies having closed their doors over the last 18 months," he told The Australian Financial Review.
"There are rumours that some large interstate companies may be scaling down or leaving the state."
An anaemic housing market adds to the woes facing SA Premier Jay Weatherill.
http://www.rba.gov.au/publications/bulletin/2015/mar/pdf/bu-0315-2.pdfPopulation growth remains relatively weak in both Tasmania and South Australia, in part due to ongoing net outward migration to the other states.
+1 for hobo's and Ausprop's sentiments.
...it's held back by its own population who are very conservative when it comes to development.
I guess my sentiment mirrors your description of us, but as someone who doesn't like huge crowds everywhere I go I think the conservative development & lower density makes Adelaide much more livable. There is no way I would live in Sydney.
e.g. I enjoy the local beaches, but I enjoy this:
I wouldn't enjoy this:
I guess my sentiment mirrors your description of us, but as someone who doesn't like huge crowds everywhere I go I think the conservative development & lower density makes Adelaide much more livable. There is no way I would live in Sydney.
e.g. I enjoy the local beaches, but I enjoy this:
I wouldn't enjoy this:
Ditto
Love the uncrouded Adelaide beaches.
I just hate dogs on beaches - but more people with dogs would be worse
We have better than anything within 30mins-1hr of the CBD in Sydney or Melbourne (at least from that I've seen). Even in Brisbane you really have to travel 1-1.5+ hours to get to nicer spots.Adelaide has crap beaches
Everyone knows Perth beaches are the best anyway.
We have better than anything within 30mins-1hr of the CBD in Sydney or Melbourne (at least from that I've seen). Even in Brisbane you really have to travel 1-1.5+ hours to get to nicer spots.
You haven't been to the right places