#Perth #Housing #HeiseSays
Perth’s housing market has stagnated with significant oversupply and the government is pining hope in mining investment to stimulate migration. Worrying considering current mining investment is in automation and demand for resources is dependant on China.
References
Perth’s housing market is still lagging behind — and it will take more than a rate cut to fix thing
https://www.abc.net.au/news/2019-10-01/it-will-take-more-than-a-rate-cut-to-fix-perths-housing-market/11558586?section=business