Gottiboff: “apartment boom over” as property crunch “bites”

Advertisement

By Leith van Onselen

‘Highrise’ Harry Triguboff’s mouthpiece, Robert Gottliebsen, has penned another dire warning of a possible apartment bust:

The inner-city apartment property crunch is now starting to really bite. In Sydney the number of cranes has fallen by one third and is set to fall by another third.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.