Highrise Harry: Housing correction to get worse

Thursday, 31 January 2019

“It may be as bad as last year, it may be worse,” he said of the outlook for 2019. While foreign buyers were returning, it was only in small numbers and Australian buyers were staying away, he said.

…“It must affect the broader economy,” Mr Triguboff said.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.