House price collapse fait accompli, page-221

and according to the bears and property doomers on here

posting stories of builders and developers going broke lately or stopping large developments will actually help the situation
LOL, they have no idea. its too funny, their logic is more than stooopid

All its going to do is halt supply for years

As one of Australias richest man Harry Triguboff (Meriton) has recently stated, most developments need a 30% price rise to be profitable.

Wait till the overseas buyers start coming back