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So-called property ‘experts’ are once again warning of a dire shortage of housing across Sydney:
Development approvals for new housing this year sank to their lowest level in close to a decade, with building levels nearly one fifth long-term trend in some areas, analysis of ABS data showed…
Consultancy group AreaSearch’s director and former head of research at Charter Hall Group Chris Freeman said a similar situation laid the groundwork for a 2014 boom in prices.
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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.
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