And the property demand/supply gulf grows ever larger due to damaging wet weather events putting further strain/demands on the building sector. Later in our summer/autumn, after the rain lush bush and grasses dry off, there may be additional stresses added by forest/grass fires. That said, even without the above additional stresses, the supply deficit for both renters and buyers is not looking any better for 2024, cementing sustained high prices for RE - combined with further rises.
