Is Melbourne’s McMansion Meltdown abating?
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Back in May, 7 News profiled land speculators facing financial ruin as Melbourne’s outer-suburban house & land market implodes:
Hundreds of Melbourne families are panic selling housing blocks as they face financial ruin. @NickMcCallum7 #7NEWS pic.twitter.com/9ofC4RWWLx
— 7NEWS Melbourne (@7NewsMelbourne) May 20, 2019
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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.
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