Friday, June 06, 2014

PS on housing

A PS to my last post in which I said that we treat our housing as just a commodity to buy and sell.

The local paper here on the NSW Central Coast  has a snapshot of the property market, which supports what I said.

We have just under 140,000 dwellings in the region. Currently on the market are 1,608 dwellings, a perfectly normal figure for any time.

General time on the market is 69 days so you can easily work out the absolutely massive turnover of property through a year.

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