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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

19 Oct 2016 (AFR) – The apartment glut is ‘going to get ugly’, says Stephen Walters

(19 October 2016, AFR, p5, by Jacob Greber)

‘Apartment prices are headed for a major shakeout that will almost certainly create contagion into the broader property market, says Stephen Walters, one of Australia’s most experienced economists.  Prices of apartments will fall 10 per cent to 15 per cent over the next one to two years, he predicts, squeezing buy-to-let investors who have borrowed to negative gear and are heavily relying on capital gains.’

Read more at (might need AFR login access, or try:


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