There is one key fundamental driving the real estate market, Australia's population growth. We are in 3rd world territory as far as population growth goes, we have just topped 1.9% growth !!! Rainfall and dams cannot keep up with it, jobs are declining and people cannot afford housing, but still the government promotes higher and higher population growth for its infrastructure and housing mates.

ALP debates on tunnels and their cause are an exercise in self-deception

Victorian treasurer mentions population growth and then tells us the role of governments is not to govern, but to manage the affairs of the state with policy provided by lobbyists.