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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