Blockbuster: will Victoria’s tough housing market push The Block into the red?

Some predict the TV show will lose money this season as investors exit property and contestants face ‘a buyer’s market’ at auctionGet our breaking news email, free app or daily news podcastChannel Nine’s hit series The Block could be caught in the firing line of Victoria’s flat housing market and investor woes, with one expert predicting the show will make a loss this year.The properties in the seaside township of Cowes, on Phillip Island, are set to go under the hammer on Saturday. Continue reading...

Blockbuster: will Victoria’s tough housing market push The Block into the red?

Some predict the TV show will lose money this season as investors exit property and contestants face ‘a buyer’s market’ at auction

Channel Nine’s hit series The Block could be caught in the firing line of Victoria’s flat housing market and investor woes, with one expert predicting the show will make a loss this year.

The properties in the seaside township of Cowes, on Phillip Island, are set to go under the hammer on Saturday. Continue reading...