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Brisbane residents offload apartments as valuations plunge

October 5, 2018 - 09:15 -- Admin

By Leith van Onselen I reported yesterday how the poison of negative equity was spreading with buyers of off-the-plan apartments having to find additional funds because settlement valuations have plunged. Brisbane’s 92-storey Skytower is a textbook example, with buyers scrambling to muster additional funds after bank valuations came in 25% short of expectations. Today, The

The post Brisbane residents offload apartments as valuations plunge appeared first on MacroBusiness.

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