barns

Taff

Last Images

Last changes

1)	UserPageLordDudley
2)	HomePage
3)	CrazyGovernmentQuotes
4)	WikiHome
5)	HousingShortage

Last blog posts

1)	bubblepedia blog: The single tax movemement / Georgism / earthsharing / geoism Tue 30 of Mar, 2010 [12:53 UTC]
2)	bubblepedia blog: Got a letter Thu 30 of Jul, 2009 [22:12 UTC]
3)	bubblepedia blog: Update: Home Price Ratios Thu 09 of Jul, 2009 [22:52 UTC]

Last forum posts

1)	Off topic forum: Fluoride water 'causes cancer'
2)	Australian Bubble Forum: CreditCrunch.co.uk down and out?
3)	Australian Bubble Forum: This should impress international investors even more - NOT
4)	Australian Bubble Forum: CreditCrunch.co.uk down and out?
5)	Australian Bubble Forum: Labor wins
6)	Australian Bubble Forum: "We need to educate first home buyers"
7)	Australian Bubble Forum: Nice slide show with prices for various cities
8)	Australian Bubble Forum: "We need to educate first home buyers"
9)	Australian Bubble Forum: "We need to educate first home buyers"
10)	Australian Bubble Forum: Nice slide show with prices for various cities

Last forum topics

1)	Australian Bubble Forum: This should impress international investors even more - NOT
2)	Australian Bubble Forum: Stock on market
3)	Australian Bubble Forum: Labor wins
4)	Australian Bubble Forum: Canadian bubble compared to ours
5)	Australian Bubble Forum: 190,000 families abducted by Alien Property Spruikers

Last articles

1)	The Housing Shortage Myth
2)	THE HOLDING MYTH: Reasons people still NEED to sell
3)	The real battlers!
4)	The Role of the Reserve Bank -- A draft article for discussion
5)	Affordability Talk by JohnAugust

Random Pages

RentvBuy

House Prices Double Every X Years

AustralianHousePriceBubble

HistoryOfHousingShortageClaims

GettingStarted

your support is appreciated

Forum: Australian Bubble Forum

Forums->Australian Bubble Forum->Undersupply Bollocks

[prev topic | next topic]

hojusaram

Undersupply Bollocks

In a recent article in Business spectator this graph was presented as the reason we have undersupply in australia.

This graph can be read two ways.

1 ) We have a significant undersupply in property that has been going on for over 20 years.

2 ) The actual number of required dwellings in this country is far under the estimate.

Given that I can't actually see thousands of homeless people wandering the streets of my suburb, there is a large inventory of rental properties available , and there is an every rising number of properties for sale I am going with NO. 2, that the undersupply issue is a load of bollocks.

And in a recent article the top man at the CBA said that there seems to be an increase in supply coming along. So maybe it is possible that we are about to start overbuilding.

Any thoughts ?

on: Thu 11 of Mar, 2010 [02:45 UTC]

Posted messages

Style

Sort

Find

author

message

altakoi

Re: Undersupply Bollocks

on: Thu 11 of Mar, 2010 [06:26 UTC]

The undersupply folk (Joyce was in Crikey today) interpret undersupply as meaning there are people who turn up to buy a house who go away without one. There are enough houses when you build one and no-one wants it at cost. In strict market fantasy land it has very little to do with whether people are actually housed - people buying houses which stay empty is still demand to a free-market person.

author

message

hojusaram

Re: Undersupply Bollocks

on: Wed 17 of Mar, 2010 [02:01 UTC]

The number of housing starts in Australia pushed up 15 .1 per cent in the December quarter, building on the 11 per cent rise in the September quarter, according to the Australian Bureau of Statistics (ABS).

According to the ABS, private sector house commencements rose 13.4 per cent in the period after a 9.9 per cent rise in the September quarter.

Meanwhile, activity in the new private sector other residential building sector rose 18.9 per cent in the December quarter following a rise of 10 per cent in the September quarter.

Wiki

Forums

Directories