More bubble porn today, this time from the AFR, where Urbis chief economist Nicki Hutley reckons there is no bubble, we’re on the verge of an endless property boom, that interest rates have bottomed, that negative gearing boosts supply (!) and that the solution to supply constraints is greater urban consolidation!
I would normally ignore something so thin but it arises as such a perfect antithesis to MB that it was irresistible. Keep it civil peeps.
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