Posted to The Age (21/12/2011) on 21/12/2011 at 11:55 PM
Commenting on "Jump in US housing starts points to recovery"
http://theage.domain.com.au/real-estate-news/jump-in-us-housing-starts-points-to-recovery-20111221-1p4tt.html
"US housing starts and building permits jumped to a 1-1/2 year high in November as demand for rental apartments rose."
Excuse me, Sir, can you tell me who is investing in the building construction? Is it similar to Australia, in particular Sydney, which the Asians are pouring in the money?
Does demand of rental apartments mean tenants looking for rental apartments, or investors looking to buy rental apartments? What's the vacancy rate in apartments at present?
"It will still take two to three years to work off the excess inventory ..."
Why do people keep building more apartments when there is excess inventory not cleared?
Oh, Sir, do people still believe in Stock fundamentals? Are people getting too gullible believing in just one set of rather ambiguous data?
Commenting on "Jump in US housing starts points to recovery"
http://theage.domain.com.au/real-estate-news/jump-in-us-housing-starts-points-to-recovery-20111221-1p4tt.html
"US housing starts and building permits jumped to a 1-1/2 year high in November as demand for rental apartments rose."
Excuse me, Sir, can you tell me who is investing in the building construction? Is it similar to Australia, in particular Sydney, which the Asians are pouring in the money?
Does demand of rental apartments mean tenants looking for rental apartments, or investors looking to buy rental apartments? What's the vacancy rate in apartments at present?
"It will still take two to three years to work off the excess inventory ..."
Why do people keep building more apartments when there is excess inventory not cleared?
Oh, Sir, do people still believe in Stock fundamentals? Are people getting too gullible believing in just one set of rather ambiguous data?
