once again you boys are too quick to pat each other on the back---not that there is anything wrong with that, if that is what you are into---im wondering if you read this little gem during the week
whilst not saying there is a shortage it suggests there is no oversupply and a change in trend back to around 3 peaple per household rather than the more recent 2.5
now data from the rba has suggested there has been a significant trend in single and smaller households as baby boomers have the kids move out plus single person households from deaths so an increase in the average people per household is moving away from a significant trend. before you jump into each others laps it would be good to see further analysis of the latest household numbers as mentioned in the article, and the demographics of those households it is also interesting that he states house prices are overvalued 30% from an investment point of view which on one hand may mean capitol growth in the short term may not occur however considering mean households are now back to around 3 per household and supply is at best static would mean upward pressure on rents which is what in fact we are seeing---and that is well documented
id say you boys should spend less time slapping each other on the back and reading morning money and more time researching the investment vehicle you are so keen to comment on
