David Milton, CBRE MD, chats with Peter Switzer
02 November 16
CBRE Residential Projects Managing Director, David Milton, recently appeared on Switzer TV to openly discuss the current residential property market and tackle the media's favourite topic - apartment supply.
In the interview on Switzer TV, Milton confirms that apartment supply varies across Australia, however Sydney in fact has had an under supply, short of 36,000 homes and units to be exact. "Most of the statistics on apartment supply and property vacancies are not being reported accurately, so what we are seeing in the market place is actually the opposite of what is being said in the press," said Milton.
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