In the long run yes, but Australia's problem is that migration has suddenly increased from about 250k pa to 600k pa, and our building industry simply can't keep

In the long run yes, but Australia's problem is that migration has suddenly increased from about 250k pa to 600k pa, and our building industry simply can't keep up. Prices are spiking, but there isn't much supply response because Australia has low unemployment and few people are willing to switch careers, especially given it takes years of training to become qualified.