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Back in June, Real Estate Institute of Western Australia (REIWA) chief, David Airey, made a goose of himself when he declared that Perth housing was set to boom, whilst heaping vitriol on us East Coasters predicting heavy falls as mining busts and the dwelling construction boom unwinds:
“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”…
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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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