From Gottiboff come an update on the LNP’s “greatest peacetime” boom:
…Nowhere was this optimism more evident than in the outer suburban land and housing development market, which had collapsed. Many people who had bought land turned their back on contracts when settlement day arrived.
…There is certainly a rise in turnover but a 15 or so per cent rise doesn’t change the game when you are down 80 per cent. Yet underlying demand is there.
