because we are only reaching the top in 2010? where other affluent nations reached it earlier?
there is only one conclusion to this story
the inability and also lack of desire for borrowers to borrow more than the last person to drive prices higher
sure it may not happen now, we may be just pausing, but its irrational to believe that population growth will drive prices higher, we have probably run out of poms with more money than us who want to come here
the number of people per square metre of house is probably maxed out now and this will start to reverse, because...
A) cant or not allowed to borrow more B) downsizing
I think when it comes to property, stick to high yield, much safer
