Desperate developers triple incentives to clear stock

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By Leith van Onselen

As stalled developments mushroom across the east coast amid the surge in completions:

The AFR reports that desperate developers have more than triple sales commissions for agents:

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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.