How bad is Brisbane apartment oversupply issue?

Discussion in 'Where to Buy' started by icic, 5th Feb, 2018.

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  1. icic

    icic Well-Known Member

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    Hey all, I think oversupply of apartments is the last hurdle for a boom Brisbane as it drags down rent and demand across the city. I think there will be no big boom unless the oversupply dries up since its a simple matter of supply vs demand.

    Does anyone have any hard statistics about the apartment oversupply issues and when will it be fully absorbed base on a realistic population projection, building approvals and construction trend? What's the on ground observation?
     
  2. icic

    icic Well-Known Member

    Joined:
    16th Dec, 2016
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    Location:
    sydney