70,000 apartments JPMorgan claim. No big deal they can sit empty as a cash stash for Chinese. This over-supply is a blessing. Can you imagine the unemployment rate had this post mining boom construction not have taken place? 10-15%
Another low inflation figure out today for May. Chance of another rate cut July running at 68%.
A rate cut plus a Liberal win = Property prices up.
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70,000 apartments JPMorgan claim. No big deal they can sit empty...
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