Apartment meltdown looming as Chinese think of walking away
Australia faces the potential of Chinese walking away from apartment settlements at the rate of between $1 billion and $1.5 billion a month for a year or two, according to The Australian columnist Robert Gottliebsen. Also read: Here's how much you need to earn to buy a home across Australia "In the worst case scenario a large number of apartment developers go to the wall taking with them many unsecured suppliers," he wrote. He advised that Sydney’s Harry Triguboff went into t