The undersupply is due to overinflated prices and building costs...

The undersupply is due to overinflated prices and building costs through the roof, there will be a correction but to what degree is unknown not everything that's reported through the media is factual unless your in that industry i can factually tell you that the residential building approval has dropped off a cliff and there's defaults rising every month over all states here in Aus its a matter of time before we see a correction in the property market this might come as a shock to alot of people especially with the current values but let's face it its only paper value were talking about through equity, that can evaporate in a blink of an eye anything can happen.