Since the end of 2019, Australia has recorded the strongest net overseas migration (NOM) in the nation’s history, with 266,000 net migrants arriving annually, including the Covid-19 border closures: According to Shane Oliver at AMP, Australia’s cumulative housing shortage is tracking somewhere between 200,000 and 300,000, depending on assumptions about the number of people per
The post Property investors haven’t driven up rents appeared first on MacroBusiness.