We should always treat anecdotal evidence with a grain of salt, especially when the person delivering it is a self-described real estate influencer whose business relies on grabbing attention.Nonetheless, there is something about the video posted on social media on Saturday evening by auctioneer and real estate industry trainer Tom Panos that captures the sense of panic that’s building in Australia’s property sector, in which he claims the environment is the worst he’s seen in 30 years.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘Worst in 30 years’: Housing panic is infecting economy. Just ask Myer
More bad news from the property market is seeping into the broader economy, as shown by Myer’s recent trading performance. The RBA is stuck between a rock and a hard place.








