Australian rental market piece

Discussion in 'Property Market Economics' started by Herbert, 13th Jul, 2019.

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  1. Herbert

    Herbert Well-Known Member

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    Herbert, 13th Jul, 2019
    #1
  2. thatbum

    thatbum Well-Known Member

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    I don't really have much time for these articles that try and make sweeping generalisations across the whole country as if its a single market.

    Seems like clickbait, as you've possibly stumbled upon when even looking at the article's own stats.
     
    thatbum, 13th Jul, 2019
    #2
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  3. skater

    skater Well-Known Member

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    This
     
    skater, 14th Jul, 2019
    #3
  4. kingstreet75

    kingstreet75 Well-Known Member

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    People are not going to stop renting anytime soon.
    Less people own their own home, more people renting, if you believe the ABS.


    [​IMG]
     
    kingstreet75, 18th Jul, 2019
    #4
  5. C-mac

    C-mac Well-Known Member

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    That chart above is very useful. Would be wonderful if two additional lines were plotted on that same chart - say one for 'overall apartment volume supply and another for 'overall single family house supply.

    Because even though oversupplies may ebb and flow around the 4,000+ postcodes nationally; at the end of the day there are 25 million humans who require a roof over their heads. So, to see how many dwellings exist nationally in totality, annualised, would be rather compelling.
     
    C-mac, 18th Jul, 2019
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  6. kingstreet75

    kingstreet75 Well-Known Member

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    kingstreet75, 19th Jul, 2019
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  7. Herbert

    Herbert Well-Known Member

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    Herbert, 20th Jul, 2019
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  8. C-mac

    C-mac Well-Known Member

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    I think international sites are following AU as a little case study. We hold the record now for country with the longest unprecedented stretch without a technical recession.

    Our housing markets grew when others didn't, and we did that whilst losing most localised manufacturing industries. So the world is probably curious about us. Which is tough because when we slip into technical recession at some point, there will be a large audience watching.
     
    C-mac, 21st Jul, 2019
    #8