Housing Shortage To Worsen (Australasian Investment Review via Yahoo!7 Finance)
Story date: 2007-10-21 03:28:00
Added on: 2007-10-22 10:37:14
When the Consumer Price Index figures for the September quarter are released on Wednesday look for a fair bit of discussion about the impact of rising rents, interest rates and the impact of falling home affordability, on the level of prices. By some calculations, housing costs, which include rents, are now probably the single largest influence on the CPI: that was the case in the June quarter. ...
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