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houses will never be affordable rba, page-16

  1. 298 Posts.
    don't worry prices are already collapsing

    read on

    Cracks in the upper crust
    By Tim Lawless



    PORTFOLIO POINT: Property price downturns are spreading from the mortgage belt to the top end of the markets.


    Cracks are beginning to appear in the upper end of the property market, with places such as Sydney’s popular eastern suburbs experiencing a fall in house values of 0.9% over the past six months, resulting in a new median house price of 1.7 million, according to RP Data’s Property Pulse released today.
 
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