Tag: Supply and Demand
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Why Australia’s National Housing Accord Won’t Fix Affordability Without Controlling Demand
Intro: A plan built on supply alone Australia’s National Housing Accord aims to boost affordability by increasing the supply of homes. Signed in October 2022 by the federal government, nine super funds, and housing industry bodies, the pact has consistently promised improvement in affordability as the nation ramps up construction. Yet, three years on, affordability…
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Understanding Oil Price Fluctuations Amid Geopolitical Tensions
Introduction to Oil Price Dynamics The price of oil is a complex issue influenced by a multitude of factors, including geopolitical tensions, supply chain disruptions, and economic indicators. Recently, fluctuations in oil prices have prompted discussions among analysts and market watchers about the forces at play in this critical sector. Geopolitical Factors at Play Geopolitical…