How can rents increase? Where is the money coming from?
Low aud = inflation
Low aud = improvement in our most damaged industries (manufacturing / tourism / higher education) which stops rising unemployment
These two factors coupled with lower construction due to higher interest rates and less "capital gain incentive" + continuing population growth =
Higher asset yields through rents increasing > inflation
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- Property
- more job losses = housing crash
more job losses = housing crash, page-19
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