A lack of regulation and clear definition around affordable housing options and quotas is causing a backlog in applications for residential developments in Victoria.
Near-record levels of debt among young Americans is just one of the factors in decreasing home-ownership.
The new rates, which will come into force on April 1, will provide a significant boost in fuelling residential sales.
U.S. real estate developer and investor Greystar has attracted US$450 million for its China-focused rental housing fund.
A recent deal underscores institutional investor confidence in the country’s real estate market.
If current trade tensions worsen, and the stock market continues to slide, house prices will suffer.