So... how many busts have there been to booms? Indeed they’re not, hence why I asked for your source on them. Plenty of reasons why they’re still empty, not everyone settles at the exact same time when a building is finished. Should go knock on those 30 doors in 6 months time, empirical evidence is far more useful than observational. As I said there’s 90,030+ “empty” apartments across just Sydney and this is the norm. Nice how they picked someone who ‘believes’ their property is worth $1.2m after a DIY reno. Poor fella should have added a bedroom and sold last year, his neighbor got $1.4m.