Australia's largest stock trading and investment forum Australia's #1 stock forum

50% droup in property is not crash, page-75

First 75 Last

Share
Profile

Follow
Hingdog

25,637 Posts.

1623

20/09/17

23:09

Post #: 27355362
Share

Originally posted by fs000010 ↑

According to many people, Sydney and Melbourne have been massively over priced since the mid 2000's. It's 2017 now and prices have only risen further. Do you think maybe it's just your idea of "value" is wrong instead?

That's what people tend to say after a long run up during all bubbles.

Look at Japan. Their property market had a 40+ years run. Then it dropped by more than 50% over a decade. Mind you if inflation runs at say 3% p.a then nominal prices can simply stay flat for 15 years to erode real value by 50%. Most people won't even notice a property 'crash' because it's usually so protracted.

Expand

You are really going to try and compare Australian property with Japan? What's the population "growth" rate in Japan?
1 Upvote

Reply

Top Stories

ASX Market Open: Wall Street rockets to new records, Oz traders trail in wake | Sep 19

SKK

Stakk – formerly Douugh – rockets +300% on deal with Robinhood, the US trading app of 'meme stock' fame

WGR

Western Gold tanks -20% as company reports 'raw data' for assays incomplete; buries low grades

Listen: HotCopper Wire Podcast 025 – Locksley rap video gives Hilltop Hoods run for money

Market Close: We're probably not going to see a contrarian September rally – but this way, 2025 might see a Santa Rally

First 75 Last