Oz Blog News Commentary

Why Australia has a housing shortage

September 18, 2023 - 10:30 -- Admin

AMP chief economist, Shane Oliver, published the below chart on Twitter illustrating how the record low rental vacancy rate across Australia has driven rents into the stratosphere: This follows Oliver’s statement to last week’s AFR Property forum where he blamed decades of high immigration for driving the nation’s housing crisis: “If you go back to

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