Chapter 15 of "The Great Housing Hijack"

My Favorite Quotes

“Property speculators and landlords love high rate of immigration, even though they constantly argue that there is a shortage of housing.”

“The housing market equilibria evolve slowly – much more slowly than financial markets, and especially slowly in rental markets. All adjustments in price and all changes in occupancy, or who lives where, happen only via homes that are traded or homes where rental contracts expire.”

“If renters move less frequently, the number of rental homes available each month falls, like it did in 2021 and 2022…”

“New immigrants, relocating renters and newly formed households must all squeeze into these same homes.”

“When a population grows or shrinks by moderate amounts, of less than 1 per cent per year, there is little effect.”

Find your favorite quotes. Book available at https://www.amazon.com/Great-Housing-Hijack-keeping-Australia/dp/176147085X