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Old Posted Apr 16, 2011, 10:54 PM
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tayser tayser is offline
Vires acquirit eundo
 
Join Date: Mar 2002
Location: Melbourne
Posts: 3,231
they've been saying that for years - however when the residential vacancy is around 4% and population growth at 250k p/a many people will disagree.

In the early 2000s in Melbourne the high-rise construction was concentrated in CBD + Docklands + Southbank. It's now spread to the whole middle ring of 'burbs - so yeah big ones are taking their time, but they're not out of the game!