The more extraneous forces are placed on what should be a free market the more it seems to protect property. Everything is a perfect storm for real estate considering low interest rates, tax incentives, shortage of supply etc etc. Some predict that new housing starts are to top 19% jump in WA alone and that suits the governments as the construction industry needs to take up the slack from mining's slowdown.
Not good but up they will go yet again.
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Shanthar Pathmanathan, MD
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