I have only one simple argument to make here. Australia was in the midst of massive Chinese driven property bubble that really began after the GFC when they decided to build their way our of recession.
That building boom is widely accepted as being over and commodity prices have collapsed as a result. This has led to the beginning of falling or stagnating house prices in Perth, Darwin, Brisbane, Canberra and Adelaide.
Sydney and Melbourne are raging hot as the Chinese are trying to get their money out as they fear their own bubble will pop (also commonly accepted).
Why are you property bulls ignoring the fact that prices are falling in 4/7 Australian capital cities.
And why ignore the other glaring fact that it is Chinese investment 100% that is fueling this bubble in the remaining 2 big bubble cities?
Anyone want to reply to any of this? Or do you just want to keep hurling insults and ignoring the fact
