BIS Shrapnel tips 'very messy end' to the apartment boom
Robert HarleyContributor
Updated
Australia's apartment boom is reaching its crescendo and all cities, except Sydney, will be in housing oversupply by 2017, forecaster BIS-Shrapnel has warned.
"In Melbourne the oversupply will be significant, in Brisbane it will be worse. It is an accident waiting to happen," said BIS-Shrapnel managing director Robert Mellor at the group's six-monthly Building Forecasting Conference.
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Robert Harley is The Australian Financial Review's former property editor. Connect with Robert on Twitter. Email Robert at rob@rharley.com.au
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