The face of property development is undergoing a massive shift at the moment. Amid talk of property bubbles and ongoing bank restrictions, the Great Australian Dream of home ownership is beyond the reach of many Aussies.
The face of the investment landscape for major property developments has undergone a similar, and just as radical, shift. Burned by the limited success of outlying developments and wary of a forthcoming burst bubble, tier-one lenders are increasingly cautious about investing heavily in city-improving developments. In Sydney alone, there is an estimated undersupply of...
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