yeah but the same arguments have been made for the past 5 years...meantime house prices have doubled....what is the trigger for reality to set in?
if we enter a bear market, no guarantee property will be hit...after the 87 crash a lot of money flowed into property as a safe haven.
If wages rise to make property prices "fair" then inflation will break out and so will interest rates --- hitting property hard.
I do not hold property and think it is overvalued, but I have been reading the same arguments for years, and thus far the property perma-bulls are vindicated.
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Last
$71.26 |
Change
0.920(1.31%) |
Mkt cap ! $13.84B | |||
| Open | High | Low | Value | Volume |
| $70.35 | $71.28 | $70.35 | $19.43M | 273.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2423 | $71.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $71.28 | 781 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |