The Glass Pyramid
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The Glass Pyramid
@theglasspyramid.bsky.social
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Achieving a 3-4% vacancy rate and maintaining that will ensure ongoing downward pressure on rents and prices.

Just the same as we use an unemployment rate of at least 4% to maintain downward pressure on wages and conditions. NAIRU.

www.abc.net.au/news/2025-04...
Why house prices can, and need to, fall
The major parties are working hard to keep Australian house prices at record highs, but a moderate fall in values may be just what Australia's economy needs in the long-term.
www.abc.net.au
Achieving a 3-4% vacancy rate and maintaining that will ensure ongoing downward pressure on rents and prices.

Just the same as we use an unemployment rate of at least 4% to maintain downward pressure on wages and conditions. NAIRU.

www.abc.net.au/news/2025-04...
Why house prices can, and need to, fall
The major parties are working hard to keep Australian house prices at record highs, but a moderate fall in values may be just what Australia's economy needs in the long-term.
www.abc.net.au
April 29, 2025 at 11:51 PM