Via the AFR today:
As Credit Suisse analysts pointed out recently, investors are genuine net new buyers and invest for capital gains rather than net rental yield. The Labor policies are seen as negative for the investment housing market and sales will slow, leaving residential developers such as Mirvac and Stockland most exposed.
On the upside, one newly emerging sector which may get a bump from a housing market under Labor is the so-called build-to-rent sector, wherein apartments are developed as long-hold investments rather for the quicker returns from a sell-down.
