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OVERSUPPLY: There have been more warnings of the potential dangers of a glut of apartments nationwide. Photo: Attila Csaszar

Overbuild no overnight event

With as many as 160,000 apartments to be completed in Australia’s major cities by the end of next year, some forecasters are becoming concerned about ‘settlement risk’.

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Perth WA
What a lot of rubbish. Pre-sales prevent all these apartments being for sale on completion. Instead of counting cranes why not investigate how many units have unconditional contracts in place. And relating back to the 1890's look at current events such as lack of supply prior to the building boom, high rents that should go down with more supply and as for the gold industry save that for another piece of rubbish journalism

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