Migration is part of a complex chess game in construction, housing

Juwai IQI’s Group Managing Director, Daniel Ho, pointed to the observation of Infrastructure Australia, which says the demand for builders is 48 per cent higher than supply.

“Australia needs more training programs to develop workers locally and it needs more migrants to fill the gaps,” Mr Ho told Australian Property Investor Magazine.

“When it comes to the overstretched construction industry, migration is absolutely necessary because Australia just doesn’t train enough skilled workers. Migration’s impact on housing prices is more local than national,” Mr Ho said.

Read more: Australian Property Investor


IQI is a leading real estate firm, with over 30,000 skilled agents and property experts worldwide. See how we can help you invest in the property of your dreams, knowing your transaction will be in safe hands!

Related posts

Middle East turns to property to boost economy

Salwa

Experts: Gold Coast A Favourite Among Chinese Immigrants!

Wen Wei

FAQ for Parking Your Real Estate License in Ontario, Canada

Aliaa