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What is Trends in Australia about?

This document discusses the shift in Australia towards higher density housing, particularly apartments. It notes that apartment construction has tripled since 2009 and now accounts for around one-third of residential building approvals. This shift has implications for assessing residential activity and macroeconomic variables. Apartments have longer development timelines than detached houses, so monetary policy changes may take longer to affect residential activity. Apartments also use different constructio

Author

zozo torzo

Language

EN