JohnDe
La dolce vita
- Joined
- 11 March 2020
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The suburb that I work in has had a lot of older buildings knocked down and 2 or 3 homes built on the block. Recently they have been squeezing 3 or 4 homes and even strata title townhouses with up to 7 residential structures.
During the past few weeks, I have noticed an increase in the speed of demolition, and build starts.
I think that we might be seeing the turning point, and in a few years the beginning of price decreases for rental, and possibly purchases. Sadly, this will be at the cost of homes with backyards.
During the past few weeks, I have noticed an increase in the speed of demolition, and build starts.
I think that we might be seeing the turning point, and in a few years the beginning of price decreases for rental, and possibly purchases. Sadly, this will be at the cost of homes with backyards.