More bad news ahead....
Housing shortage may, in fact, be a glut
The estimated 228,000-home shortfall, cited by everyone from the construction industry to economists at the major banks as evidence for why prices remain so high, may, in fact, be an excess of 341,000 homes.
Read more: http://www.smh.com.au/business/housing-shortage-may-in-fact-be-a-glut-20120722-22i8u.html#ixzz21N04z3BD
More bad news ahead....Housing shortage may, in fact, be a...
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