The federation said its annual survey showed land availability was the biggest constraint on supply, followed by lack of finance and then planning permission.
This is "sprawl to the wall .But, as Joel Kotkin and Thomas Tseng argue in a study on Latinos and the housing market, the constraint on supply also has a political dimension.
You see considerations about fairness being a constraint on supply and demand, as we discussed when we talked about ticket pricing.
Indeed, more builders are now reporting rising newbuild prices than at any time since 2004". The Home Builders Federation HBFF) said the biggest constraint on supply since 2008 had been people's inability to buy and that the equity loan scheme was delivering around 2,500 reservations a month.
It's true that a constraint on supply can lift prices.
"That'll actually provide some constraint on supply, but that's a couple years down the road.
But there is little question that constraints on supply matter.
Another sector with constraints on supply is industrial real estate.
"The markets with the strongest constraints on supply over the long term will be the healthiest".
Turnbull blamed housing unaffordability on constraints on supply, which he said were caused by state and local governments.
