18.12.2012 - Melbourne property market grim in 2013, but there's more to Victoria than Melbourne
Prospects for Melbourne property in 2013 are grim. I expect Melbourne to be the weakest of the capital markets market next year. But fortunately thereís more to Victoria than Melbourne. Melbourne has two problems: oversupply and a state government thatís lost the plot. Melbourne already has too many apartments in its inner-city market, but developers are intent on building more, and the state government seems hell-bent on helping them............................................Full Article: Source
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