will our children live in caves?, page-51

  1. 10,759 Posts.
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    Dopey, I'm not suggesting that Australian house prices will fall 90% (although inner-city Chinese apartments could over coming years).

    But I am expecting a major housing crash in Australia far worse than that of the early 1990s (ie. median house prices halved by about 2017).

    Here's a few reasons why (combined with the other housing metrics I posted previously);

    http://www.theage.com.au/money/investing/hot-real-estate-spells-danger-for-banks-20140401-35uqh.html#ixzz2xmsIBNjw
 
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