Tim Gurner: The apartments horror, the apartments horror – MacroBusiness

The last cycle in Australian property saw the rise of a clique of developers that worked against the interests of ordinary Australians. They were the apartment moguls addicted to, and feasting off, a mass immigration program run completely out of control. Highrise Harry Triguboff is the archetype.
Today another of those fast-rising property magnates delivers the sector some very bad news. Tim Gurner drops a truth bomb at The Australian:

• The collapse in immigration and the flow of Chinese has trashed…

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