Australia’s idiotic land bubble has turned radioactive

Monday 4 September 2017

The HIA-CoreLogic Residential Land Report has been released for the March quarter, which reveals a dramatic increase in vacant lot prices amid rapid population-driven demand and dwindling supply.

The below chart, which is presented on a national basis, summarises the story:

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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.