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Also how many are in areas where people don't want to/or can't...

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UniversalTrader

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30/06/22

19:22

Post #: 62304660
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Originally posted by JimmyD75: ↑

So there's more than a million vacant properties out there and we all assume they're second properties/holiday homes owned by wealthy people (whether Australians or Foreign-domiciled). To be sure, that thought is comforting for all those who believe in the idea that there's always a huge property shortage in Australia.

But I wonder how many of this number are properties that have been built but never been sold? i.e. Apartments the size of shoeboxes in defect-riddled high-rise towers? You know... the ones that make loud whistling and cracking sounds in the wind?

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Also how many are in areas where people don't want to/or can't live i.e. holiday locations? Or simply no longer fit for habitation?
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