Highrise Harry stops buying land

Tuesday 28 August 2018

Ding, ding, ding. Via the ABC:

If you drive out to Sydney’s Olympic Park you’ll find a whole lot of scaffolding and cranes putting together another Meriton high-density apartment block.

“The Retreat” will eventually house more than 1,000 apartments across four different building phases.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.