You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

11 Oct 2016 (AFR) – Apartment correction, but no crash: Qualitas (sector is ‘self-correcting’)

(11 October 2016, AFR, p40, by Larry Schlesinger)

‘Australia’s apartment market is self-correcting, with fewer projects in the pipeline, but it will not crash, according to Andrew Schwartz, the co-founder and managing director of real estate investment firm Qualitas. “The market has been self-correcting for some time, since about the start of the year, ” Mr Schwartz told the Australian Financial Review. But he said the Australian market, unlike its foreign counterparts, has certain qualities that allow it to self-correct and adjust through a potential period of oversupply.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: