Posts Tagged ‘building approvals’

Stag-Rental – Property’s Answer to Stagflation

Thursday, July 31st, 2008

Residential rent crisis set to worsen RENTS are expected to jump another 10% this year after building approvals fell to their lowest since the end of 2006. Home-building approvals have dropped nearly 8% in a year, after falling another 0.7% in June, in seasonally adjusted terms. Apartment approvals have dropped 22% in a year, down [...]