Why is this article claiming that the census numbers that found out there are even less homes nullifies that the claim there is a housing shortage? Surely finding around 1 million less homes than anticipated is more evidence that building activity is failing to meet demand - which by definition implies there is a supply shortage. Or have I just gone mad?
Housing shortage all smoke and mirrors David Llewellyn-Smith June 22, 2012 - 3:42PM Read later
The so-called housing shortage, which has been used by the property industry as an excuse for Australia’s overpriced housing, has been exposed by the 2011 Census figures.
The Census revealed that the number of households in Australia is some 1 million less than assumed by the National Housing Supply Council (NHSC) in its estimates of Australia’s housing shortage.
