So if it's not a bubble why is Australia most expensive plase to live on the world.
It's not population as we have a ver small one, it's not population growth as it's very low historicly, and it's not new population buying new houses which we can see from mortgage results it's all investors.
So if I am wrong and the price climb didn't happen due to large influx of investors created by goverment ( which makes it then a housing bubble ) what caused it then?
I assume u know the answer to know it's not a bubble?