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> also partly attributable to artificially created demand. What is artificially created demand for real estate? Isn't all demand for real estate "real", wheth
by danans 8y ago
> also partly attributable to artificially created demand.
What is artificially created demand for real estate? Isn't all demand for real estate "real", whether as a home or an investment.
- nineteen999 8y agoI could have worded that more clearly. In Australia's case, rules regarding foreign property ownership/investment have historically had a fairly big impact on housing demand, pricing etc. The government of the day is regularly lobbied by those who have a vested interest in seeing prices continually rise to relax those rules. I'll leave it at that.