simple exercise in understanding house prices, page-32

  1. ACB
    4,958 Posts.
    20,000 homes for sale

    those 20,000 homes will be bought by a mix of people who are selling their own properties (they have to live somewhere too), and investors

    but with the current rate of growth of Melbourne, there is still a squeeze

    would you only believe there is a squeeze if no homes at all are for sale? after all if a single home is for sale then there is a surplus of property (is that your logic)?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.