A net 75% of mortgage brokers report seeing fewer first-home buyers and a net 70% report seeing fewer investors.
The housing market has become untethered from the economic fundamentals that suggest prices should fall or flatline.
"It's the old story: there's only so much land to go around, and in the right location. You’ve got to get the land in the right location; there’s plenty of land in the wrong location."
Focus on the Reserve Bank will intensify in 2022 as inflation and interest rates rise.
Infrastructure Editor
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articles by Oliver