More evidence Perth property is hitting the skids (members)
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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.
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