A brash boosterism that had typified Melbourne during this time ended in the early <answer>1890s</answer> with a severe depression of the city's economy, sending the local finance and property industries into a period of chaos during which 16 small "land banks" and building societies collapsed, and 133 limited companies went into liquidation. The Melbourne financial crisis was a contributing factor in the Australian economic depression of the <answer>1890s</answer> and the Australian banking crisis of 1893. The effects of the depression on the city were profound, with virtually no new construction until the late <answer>1890s</answer>.
When did severe depression hit Melbourne's city?
1890s