Following Kerry Stokes’ deluded call yesterday that “this is the best time” to buy Perth property and he “staked his reputation on it“, reality has returned with Perth developers offering hefty discounts and incentives to juice buyer demand amid falling prices and rents. From The ABC:
At the northern end of Perth’s suburban sprawl, one company is offering a discount of almost $50,000 on a $268,00 block in a new beachside housing estate in Alkimos.
