Of building has been especially here in Melbourne and the numbers are phenomenal melbourne has added around , new apartments each year for the last two years that have lost value before anyone even turned a key in the lock now in the next two years that figure is going to rise to , apartments it’s a hell of a lot on the market that’s already saturated take a look over there there’s your office block and over here these are the departments that you can see that there’s no lights on there’s only a handful and properties in here where the lights are on and this is the evidence that’s showing really that the lights are off or nobody’s home that’s significant because it’s eight o’clock on a Tuesday night we’re so close to the CBD of elven that if anyone was going tobe home they’d be off that tram now but they’re not in said yeah that’s basically that’s right these properties are not fully occupied they are vacant it wasn’t supposed to be this way the state government’s planning blueprints for both Sydney and Melbourne assumed that empty nesters would downsize into apartments and leave their houses in the suburbs behind opening them up for young home buyers but the empty nesters aren’t coming we’re still building units thatto be quite honest you wouldn’t put your dog in I mean some of these one-bedroom vertical fridges are appalling and I Couldn’t imagine anything worse that’s why I’m so opposed to downsizing therecould be lots of developers who end up earning unable to sell their theiroff-the-plan properties and goingbankrupt I think we’re in for a krupsthe slide out about that at all so wefought her for this yet still people arebanging down the door to get into themarket Liz Moss………..