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Four months is a long time for the Australian property market.
In November 2019, the CEO of property listings portal REA Group was in full panic mode amid the “worst ever” property sales collapse:
“It’s about as bad as it can get … It’s the worst market we’ve ever seen,” Mr Wilson said…
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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.