Michael Matusik discusses the importance of supply and demand in real estate, specifically on the Gold Coast. He mentions that there is a lack of supply for both sale and rent, and new supply is not expected to improve soon due to a fight for resources. He also highlights the demand for more boutique offerings and the need for developers to focus on high-grade areas or sites.

Highlights

- Supply is tight and demand is high on the Gold Coast.

- Lack of supply for both sale and rent.

- New supply is not expected to improve soon due to resource competition.

- Developers should focus on high-grade areas or sites.

- Demand is high and supply is tight

- Focus on high-grade areas or sites

- Lack of supply for both sale and rent

- New supply not expected to improve soon

- Boutique offerings in demand