To read The Urban Developer’s article, CLICK HERE
Tom Forrest, CEO of Urban Taskforce Australia, says the RBA’s rate hike is landing at the worst possible time.
Higher borrowing costs will make projects harder to finance, meaning fewer new homes are likely to be built.
Pump priming the housing market through handouts for first home buyers may be popular, but without an equal focus on lifting housing supply, it will only lead to higher house prices and rents.
To read The Urban Developer’s article, CLICK HERE