Decided to share this, as it is the first article in the media for the last 15 years where majority of the information is actually correct.
The only funny thing is deliberations in the cliche #5. These deliberations completely ignore cliche #4. If it is land that is important, why would a person in their right mind talk about land outside capital cities? For God's sake - Australia is a country with the lowest population density. There is no such thing as "land shortage" in any inner areas.
If you remember this, then property market becomes the simplest thing to predict. As I keep saying - Adelaide is one of three capitals where land is in ample supply. But not all land. The most obvious cluster of land shortage - land with ocean views. This is where you can not go wrong - this land will either appreciate (25% over the last 12 months) or go flat. Ordinary land in Adelaide at some stage will go down. Before it goes up again. (the days when you could buy 3 bedder in Hallett Cove for $80K well and truly gone).
This is not a rocket science, and the article as a whole is very useful.
At least it would allow you to laugh at this kind of journalism:
Hey, anybody home? What is "increased flexibility of alotment sizes" and how exactly it makes you life better at such revolting ghettos?