build them and they will come...

  1. Menta
    10,759 Posts.
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    06/05/10
    09:35
    Post #: 6662326
    New building approvals hit fresh high

    http://www.news.com.au/money/property/new-building-approvals-hit-fresh-high/story-e6frfmd0-1225862524761?from=public_rss

    Build them and they will come. Yet housing finance figures have slumped since the start of the year. They are no longer coming.

    With housing supply rising and demand falling this makes a complete mockery of the supposed housing shortage argument.
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