There is also the point housing has trippled in value in less than 10 year, where wages and material costs have not.
Housing is seriously over valued and there is a lot of profit margin that can be cut back on to keep turning over the new houses..
I am quite confident the 40% will be a drop in house price not a climb.. it would be foolish to think the housing bubble will get any bigger.. we are allready one of the most expensive places to buy globally..
the population of Australia fits into 1 city in the US, of which they have many.. yet there house's are much cheaper than ours, even before they started to soften off!
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Last
$70.86 |
Change
0.660(0.94%) |
Mkt cap ! $13.76B | |||
| Open | High | Low | Value | Volume |
| $70.72 | $71.17 | $70.21 | $19.07M | 269.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $70.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $71.10 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |