Triguboffonomic panic 6.0

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By Leith van Onselen

Robert Gottliebsen (“Gotti”) has obviously gotten off the phone again with his mate, “Highrise” Harry Triguboff, since he has penned another post warning of a downturn in apartment construction now that the rules around significant investor visa’s (SIVs) investing in Australian real estate have been tightened. From Business Spectator:

In the last few weeks we have just witnessed an unprecedented scramble by overseas investors to invest in residential apartment developments…

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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.