More evidence Perth property is hitting the skids (members)

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ScreenHunter_01 Feb. 17 18.55

By Leith van Onselen

Another report has emerged today suggesting that Perth’s housing market is at the precipice, with a nascent apartment glut developing. From The AFR:

Perth faces an apartment glut from a cooling economy and slow population growth that are likely to leave the city with too many rooms.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.