Immigration seems to be the key here, that will keep Vacancy rates down for the rentals, Rudds policy of easing the laws for Oversea's investment for housing created this ridiculous bubble, we were competeing with the worlds richest for a while there, that has since been put a stop to.With anything , its always supply and demand, and the demand is waining slightly, should interest rates start to go up then things will get very interesting and it will be back to what it was like in the late 80's early 90's.
