Foreign students to save apartment oversupply? Meh.

Monday 14 December 2015

Amid frequent reports of how off-the-plan apartment buyers will look to bail-out of settling on their investments next year, which could result in heavy losses for property developers, Colliers International is now arguing that demand from foreign students will save the day. From The AFR:

The growth in international students in Australia will be a key driver of apartment demand in 2016, Colliers International has said.

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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.