‘Chronic’ housing shortage ‘exacerbated’ by construction constraints

REA Group Senior Economist Eleanor Creagh says Australia’s “chronic housing shortage” has been “exacerbated” by construction constraints. She said having a job is “fundamental” as to whether one could “continue to pay” their mortgage. Ms Creagh’s comments come as Australia’s unemployment fell to 4.0 per cent, down 0.1 per cent from last month. In partnership with REA.