Hi boffin, A lot of super Funds have been frozen recently because of lost confidence...right.
and they lent money to developers who must finish projects and sell the housing pronto....right
So then the Super Funds will get their loans repaid pronto and can start dispersing the much needed income back to invsetors...many being super investments needed to keep these people out of the pension lines...
Its starting to make some short term sense in that respect. BUT we still need more employment to keep the first home buyers in their new houses. Considering if these developments were'nt designed for first home buyers they will have to get well paid employment too.
