property values plummet across australia, page-11

The demand for Real estate is driven by migration to Australia--over 300,000 people p.a.

The supply side is weak--current estimates that we are short 200,000 dwellings, and this shortage is growing becuase building activity is much lower than normal.

I think the uncertainty with interest rates has sidelined buyers--when potential buyers become convinced that Interest rates are not going to increase , the property market will fly