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The housing unaffordability myth, page-254

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35,472 Posts.

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13/06/15

09:26

Post #: 15460718
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Originally posted by enoggera ↑

Can't see your point . Try & tell a person born & bred in Sydney to live elsewhere , Try & convince the large numbers of people trying to live in that city to perhaps go elsewhere. The Demand continues to rise & the supply is not keeping up to it , these market forces are not the product of any bank or Govt or the head of treasury they are a stream of pressure that will not go away.

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5 million more bodies in Sydney will make current developed areas cheaper in 40 years.

6 million more in Melbourne will reverse affordability ratio back to 1940s.

Bear logic
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