WA property crash (sort of) goes mainstream

Tuesday 12 May 2015

The AFR has picked up one of MB’s consistent themes:

Gavin Hegney, of Perth-based valuers Hegney Property Group, said supply of property had surpassed demand and home prices would likely drop in the coming year.

Yep:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.