The accepted wisdom that an apartment is a stepping stone to buying a house is being called into question by high house prices and lacklustre capital gains for units.
Hundreds of properties in some of the most popular holiday locations in the country are expected to hit the for sale market over the next three months.
Mortgage squeeze forces property investors to sell macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.