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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 

Original URL: https://www.theaustralian.com.au/business/economics/the-state-with-an-oversupply-of-property/audio/eefc0aa002ba9502e094c5fe125fd4cb