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100 million is just figure of speech. Australia does not require that much a change to absorb its oversupply of housing. I don't think water is a problem. Australia still has floods occasionally. I am sure that with proper investment, Australia can have better water supply.
Unless Australia wants to depend on mining and export forever, it has to develop a better economy model based on population.
What I am trying to say is that housing could be a problem in Australia, but it is not unsolvable. Just like China, everyone knows that there is a problem. But it is not unsolvable.
Unless Australia wants to depend on mining and export forever, it has to develop a better economy model based on population.
What I am trying to say is that housing could be a problem in Australia, but it is not unsolvable. Just like China, everyone knows that there is a problem. But it is not unsolvable.