Archive for February, 2007

Property Lobby Again Ignores Laws of Economics

Monday, February 26th, 2007

Property lobby again ignores laws of economics (26/02/07). Research compiled by The Australian shows there is actually 10 years of land supply in Sydney, Brisbane & Melbourne with 155,000 lots zoned for residential development. However, developers say they will not develop this land as property related taxes have made these sites uneconomical to develop. Whilst [...]