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Cranes, cranes, everywhere, but…

Australian Property Podcast

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Navigating Australia's Construction Challenges and Housing Market Trends

The chapter delves into recent reports on construction trends, discussing high levels of construction in commercial and infrastructure projects as well as decreasing residential construction, especially in Sydney. It explores population growth challenges, government goals to build 1.2 million homes, and the impact on construction capacities. The discussion also touches on international construction costs, challenges in the construction sector, the housing market in Brisbane, rising mortgage rates, and the impact of the pandemic on mortgage repayments.

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