australia's very own subprime crisis looming, page-182

firsova,

"In my view our growing population , solid employment , commodity strong economy and move by super funds to invest in residential property ensures rental returns in our major cities will be ok "

One of the major state with the strongest population growth, lowest unemployment, largest commodity exporter is experiencing contracting returns due to lower rents and increasing vacancy..

a growing unemployed population can't afford to pay increasing rents without government assistance and and government aint gunna have much money to assist if the tax take is reduced by increasing unemployment and lower company profits, thats is unless they borrow it.. who did you say was going to be ok? oh and the move by superfunds to invest means it could drive the value up, however the inability to increase rents will meaning deminishing returns on value and that kinda movement aint a sustainable long term movement..