“A Warning for Property Investors in Australia” | Wolf Street

christianveit:

Investment in the Australian housing sector has become a frantic activity, and prices have soared. This has been accompanied by a construction boom, particularly of large multi-family developments. But that construction boom is now creating a ballooning oversupply “up and down the East Coast of Australia,” warns Roger Montgomery, Chief Investment Officer of Montgomery Investment Management in Australia, in the short video below, “Property Implosion?”

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“A Warning for Property Investors in Australia” | Wolf Street

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