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Affordable Housing?
Australia represents 40% of the "severely unaffordable housing markets" in the 5th Annual Demographia International Housing Affordability Survey.
Skills Shortage to Affect Australian House Prices
It is becoming increasingly difficult for builders to find qualified staff, according to the latest quarterly survey by the Australian Master Builders Association's (MBA). The survey mirrors similar findings released by the Australian Housing Industry Association (HIA) last week. Chief economist Peter Jones says managers, supervisors, carpenters and bricklayers are all in short supply.