Recent Flood Crisis Increases Housing DemandThe Brisbane floods has put a small stress on Brisbane and surrounding housing demand.
Brisbane Residential mortgages will reflect this. There is predicted to be a small shortage of rental properties as the hundred of families with destroyed
housing have to rent in nearby locations. The housing was not under any big stress to start with in Southeast Queensland with vacancy rates only at 10 year averages. Having available investment properties to rent out is very fortunate for families left with nothing, can find accommodation with some ease hopefully.
Brisbane Residential mortgages will reflect this. There is predicted to be a small shortage of rental properties as the hundred of families with destroyed
housing have to rent in nearby locations. The housing was not under any big stress to start with in Southeast Queensland with vacancy rates only at 10 year averages. Having available investment properties to rent out is very fortunate for families left with nothing, can find accommodation with some ease hopefully.
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