The acute need for housing supports private credit returns
Mark Power | Qualitas | 21 February 2024 | 0.50 CE
With Australia’s residential vacancy rate at a record low and net overseas migration at a record high, it has never been more apparent that Australia needs a long-term housing solution to help expand supply. With rigorous capital provisioning models placed upon major banks following the GFC, the banks can no longer participate in the market like they used to, providing greater opportunity for real estate private credit lenders to fill the gap. This all combines to help generate attractive risk-adjusted returns for investors in the asset class.
Presentation (35 mins)
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