Australia's oldest housing developer says 'crisis' of undersupply in housing

AV Jennings says Australia's residential sector is in a crisis due to a long term undersupply

"You can see for the best part of 15 years ... there has been a continuing undersupply of residential in Australia... There is no doubt that was the position then and remains the position now. The Australian residential market in its purest sense remains under supplied"

More at the Sydney Morning Herald

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All ya gotta do is look at the insane prices houses fetch to see this. Especially in the two biggest cities of Melbourne and Sydney.

More supply please, yes.