The state with an oversupply of property
New data this week reveals the key to a slump in Victoria: Believe it or not there has been too much new property built in Melbourne. Moreover, there are now more sellers than buyers across the state: How long can it last?
In today’s show, we cover
* Why prices and rents will keep rising ?
* The state that overbuilt
* Shared house – the ultimate investment property
* Where can I get a 40-year mortgage?
Eliza Owen, economist at CoreLogic joins wealth editor James Kirby in this episode
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