Australian housing market facing 'bloodbath' collapse: economists

By Heath Aston, Political Correspondent
Updated June 23 2015 - 8:13am, first published June 22 2015 - 5:42pm
There has been a frenzy of inner-city apartment building in Melbourne and now, economists says, there is an oversupply. Photo: Graham Denholm
There has been a frenzy of inner-city apartment building in Melbourne and now, economists says, there is an oversupply. Photo: Graham Denholm

The Australian real estate market is in the grip of the biggest housing bubble in the nation's history and Melbourne will be at the epicentre of an historic "bloodbath" when it bursts, according to two housing economists

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