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Not in your mainstream areas, but down here in Dromana there are an alarming number of townhouses still sitting there unsold since we moved back from the USA last April. One complex in the street we live in - 12 townhouses, still have 8 unsold. According to my local agent mate, they 4 sold...

I've been bangin' that drum forever, BB. To me; OTP apartments are a "speculative" investment. Nothing wrong with that, but the investor needs to see it for what it really is. It can go south, and don't cry if it does - as many do. It's really more gambling than investing; going for...