From HomeBuilder to hangover: where will housing development land?
Australian Financial Review
The COVID-19 housing demand, boosted by government stimulus for new housing, by low interest rates, and by changing housing preferences, has been an absolute boon for the nation’s greenfield land developers.
The question is whether the surge in demand, which includes a substantial pull-forward of future activity, can outlast the end of the Commonwealth government’s HomeBuilder stimulus, and the lowest population growth in 100 years.
To read the article in full, including comments from UDIA National President Simon Basheer and data from the recently released State of the Land Report, click here.