Fasco-housing complex runs amok

There’s nothing in its way now. At the AFR comes Generalissimo Josh Recessionberg:

…Treasury estimates that a 10 per cent increase in house prices could result in a corresponding lift to GDP of about half a per cent.

With Australia’s annual population growth continuing to be strong at 1.6 per cent and the government’s record $100 billion 10-year infrastructure pipeline helping to unlock new housing supply and reduce congestion in our cities, the fundamentals of the housing sector are sound.

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