Choked housing supply is no myth

Tuesday 4 November 2014

The ABC’s Michael Janda has produced interesting analysis in The Drum which, among other things, argues that Australia’s alleged housing supply shortage is a myth. Let’s take a look:

Part one of the RBA’s argument [that there is no housing bubble] is that Australia, like the UK (most particularly England) and unlike the US and Ireland, has an undersupply of housing…

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.