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There's never been a better time to get into property investing in Australia than right now, and a huge part of the reason for that is the current housing shortage. Housing has been in high demand for some time now, and several factors have produced a genuine housing shortage in the country. If you've been thinking about investing in property, now is the time to hire a buyers agent Brisbane and get started.More People Means Fewer Houses:Migration is one of the leading causes of the current housing shortage in Australia. Between 2007 and 2008, for instance, the population of Australia grew by approximately 400,000 people. It is estimated that 60% of those new arrivals came from overseas. As this country experiences higher migration rates from overseas, less and less houses are readily available - unless new ones are built, of course, which doesn't seem likely to happen very soon.Less Lending Means Less Building:Builders are being stymied by the reluctance of lenders from around the country to approve financing for new construction. If it were not so hard to get approval on a new loan, there would be a boom occurring in the housing construction industry as we speak. New...more
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