I aggree, there is no housing shortage (even close to the CBD), just an excess of property investors/speculators. From what I've seen at auctions lately, people arent buying PPORs, they're buying investment properties.
If the government was serious about having more affordable property for people to live in, they would make property investment less lucrative. But they wouldnt do that, and I'm sure everyone in this forum is happy with that
And before people go on about 'if it wasnt for investors, there would be no rental properties', it also works that if investors werent snapping up properties, there would be less competion for properties, prices would be lower and more people could buy instead of rent.
Flame away.