Australian Property

Perth apartment pain to last for years

Leith van Onselen
Wednesday, 9 August 2017
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By Leith van Onselen

CoreLogic’s latest Pain & Gain report noted that more than one-third of Perth apartments sold at a loss in the March quarter of 2017:

Now, property adviser and valuer, Rod Davidson, is predicting that the downturn could last for years. From The ABC:

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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.