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A reader sent me through the below letter from a Brisbane Ray White real estate agent recommending that apartment owners consider selling before an imminent oversupply drives a correction (I have blackened-out the agent’s personal details):
Good advice, since Brisbane is probably the city most vulnerable to an apartment crash.
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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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