It will not be a full blown crash the government will intervene along with the RBA if it comes to that long before that especially if they want to stay in Govt. I agree Baron
A full blown crash will be the last thing the government wants
But if the government wants to stay in power they will also have to seriously address housing affordability and in a manner that is not going to feed into property prices.
That means addressing the needs of both buyers and renters and the only way this can be achieved is to introduce measures that will help to stagnate both the property values and rent.
So the most likely outcome for property in the short to medium term is either a dramatic fall or a long period of stagnated prices and returns.
Not an investment I would be looking at jumping into in the near term
