@RaymondPierreL3@aus.social If there are 100,000 approvals that are not being built does this not indicate that the supply side of the equation is a bit broken? It appears to me the issue is that developers are holding off building them so they can get better prices due to their own self induced shortages. Perhaps we should be looking at the house building industry to see what the hold up is? (My cynical old self is suggesting collusion among the developers, aka a market failure.)