REIWA: Perth housing to boom!

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By Leith van Onselen

If you want a good laugh, check-out the above video featuring the Real Estate Institute of WA chief, David Airey, explaining why Perth’s housing market is set to soar:

“Given the sustained period of flat market in Perth, I’d expect the Perth market to be absolutely ramping along in the next year or two – certainly the next three years”…

More wise men from the East looking at WA through a pair of binoculars and making these wild predictions to scare the population”…

For all the reasons why Mr Airey is wrong, check-out my detailed report on why the Perth economy is at risk of a depression.

Owing to commercial sensitivities, MacroBusiness Industries can neither confirm nor deny the rumoured deployment of a number of Telephunken U-47 Spruikbots to Perth:

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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.