Is There a Rental Crisis?

When there is certainty around whether terminal cash rate for the cycle is going to be that will drive the rebound I think the rebound will start in New South Wales largely because we've got STEM duty exemptions in place for first home buyers so, especially in Sydney as migration is up. So upbeat if we'd have been having this conversation a year ago talking about over 300 basis points of monetary tightening you'd have expected much bigger declines in prices than we've had. If it was me buying now I probably buy a house. High land to us their ratio probably look at Brisbane, good school zones something that's rentable today but has some future value add potential. There's an $8 billion economic upl