Five years ago, RBA’s senior research manager, Dr Peter Tulip, released crazy research arguing that Australian housing is 30% undervalued and that owning a home is “now more attractive, relative to renting than it has been at any time in the past 30 years”.
Now Dr Tulip is back, this time releasing a research paper entitled “The Apartment Shortage”, which argues that there is a massive apartment shortage in Sydney:
Abstract:
