Politicians cooked if they can't handle housing's hot political potato
There is a dire need to build more homes, and recent elections in New South Wales have highlighted that the housing and rental crises can no longer be the subject of political posturing.
Any suggestion that the rental crisis is over is disrespectful to the dozens of people queuing up every weekend for hours just to apply for a property. (Image source: AI-generated)
Even though interest rates remain on hold, the spring selling season has yet to truly kick into high gear as buyers exercise caution in the current market.
Auction volumes
have been down as a result of the long weekends, first in Victoria and then in New South Wales, and in Sydney clearance rates have eased back to around the 60-65 per cent mark after spending a considerable period around 70 per cent and higher.Investors have been net sellers …
