The great Pilbara property crash deepens

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By Leith van Onselen

The mining bust in Western Australia continues to morph into a housing bust. From The AFR:

Property prices in the Pilbara town of Karratha have halved to their lowest level in 11 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.