Negative equity smashes 112,000 WA homeowners

Leith van Onselen

Thursday 13 June 2019

By Leith van Onselen

Perth’s epic housing bust, where values have fallen for over 59 months with cumulative losses of 19.2%:

Has seen values fall to the same level as April 2006, according to CoreLogic:

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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.