The Undersupply Myth: Why housing prices keep rising   Introduction   The idea that Australia’s soaring property prices are caused by “not building enough” is one of the most confidently repeated claims in the housing conversation. It sounds logical, it sounds simple, and it gets thrown around every time prices surge. But here’s the truth: that explanation is far too neat for something as complex as the Australian property market. Yes—supply matters. Yes—we do need more homes. But the relationship between building activity and price movements isn’t as straightforward as some like to claim. And when you dig into the […]