John McGrath bursts property bubble 'myth'

By Carolyn Cummins
Updated June 1 2017 - 12:43am, first published 12:37am
SYDNEY, AUSTRALIA - NOVEMBER 03: New housing estates and construction in western Sydney. on November 3, 2014 in Sydney, Australia. (Photo by Michele Mossop/Fairfax Media) generic rates home loan
SYDNEY, AUSTRALIA - NOVEMBER 03: New housing estates and construction in western Sydney. on November 3, 2014 in Sydney, Australia. (Photo by Michele Mossop/Fairfax Media) generic rates home loan

John McGrath, founder of the McGrath real estate advisory empire, has dismissed concerns of a property "bubble" saying he has seen such talk "time and time again over 30 years and the 'doom and gloom' predictions simply haven't eventuated".

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