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OtherTaryn ParisMon 28 Nov 22

[+] ‘Blood on the Streets’: Developers Brace for Pain

TUD+ MEMBER CONTENT
[+] blood in streets
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The next six months will be painful for overstretched developers.

That was the forecast from three prominent developers speaking at The Urban Developer’s Sydney Long Lunch event.

Fortis director Charles Mellick went as far as to say there would be “blood on the streets” as record prices recede and banks and non-bank lenders tighten their purse strings.

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ResidentialAustraliaReal EstateSector
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Taryn Paris
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Article originally posted at: https://www.theurbandeveloper.com/articles/australia-developers-development-outlook-fortis-thirdi-sammut-sydney