JLL’s latest Apartment Market Report has reported a heavy decline in the capital city rolling five-year apartment pipeline, with Melbourne’s and Sydney’s falling by around one-third and Brisbane’s down around 40%. From The AFR:
“It’s a massive reduction in the pipeline over the past 12 months,” said Leigh Warner, JLL’s Australia head of residential research…
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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.
