The property market should not have been allowed to develop into the biggest bubble on the planet. Free cash, negative gearing, 1perc deposits for single mothers and on and on. That said let the buyer beware, what goes up must come down.
The irresposible free market, short term greed vandals create these situations then get booted out and somebody else is left holding the can. Seen it before and will see it again
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- Property on Track for 15% decline (Syd -22%) - eventual impact on Albo?
Property on Track for 15% decline (Syd -22%) - eventual impact on Albo?, page-27
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