" Rent", page-34

Also, Overall, Australia's population grew by 326,100 people in 2015. Net overseas migration contributed 177,100.

Numbers just don't add up do they?

Say we grow by 700,000 people Australia wide in 15/16 one in every 3.3 people need to fork out $400K and Buy a SYD/Melb apartment to mop up the supply.

At 2 occupants per dwelling (average is 2.6 but fair to say units would be closer to 2). That's 1 in 1.75 couples.

That's before you take Brisbane, and what excess supply may be there already.

Yes you could argue you can't directly attribute population growth to how many people are looking to purchase a home, but population growth is so often attributed to sustaining the rise in house prices so I thought it might be worthwhile putting things in perspective.

Given that 60% are owned by investors, how long will it be before they see negative returns and decide to flip them?