$285k wiped from your home: Bank’s prediction. (CBA)

https://au.finance.yahoo.com/news/cba-warns-of-32-house-price-tumble-020218800.html

Only a 32% reduction of Aussie Housing Market?

That is wishful thinking.

As immigration suspended and only the one you pray to knows how long!

Should rightwing ideology prevail, plus 25 year olds will not find secure employment that enables the Banks to loan them the money!

Where is the demand going to come from to keep these bubble aussie housing market prices to only a 32% reduction?

Then consider, how many property owners will be forced into fire sales?

Horrific valuations is what is coming property owners way courtesy rightwing policies!

This has 65% value reductions written all over it!

Not going to be pretty!