Economists tip big apartment price falls

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By Leith van Onselen

An overwhelming majority of 26 economists and housing experts surveyed believe that Australia’s three biggest cities are facing falling apartment prices once the deluge of apartments currently under construction hits the market, causing an oversupply. From Domain:

Of those experts surveyed, three quarters claimed there are too many apartments in Melbourne…

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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.