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fs0010

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21/09/17

21:21

Post #: 27380778
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Originally posted by Hingdog ↑

I have said plenty of times that cutting immigration would cause our property prices to drop significantly. However, while we continue to bring 200k people into the country every year, the demand for property will continue. Japan actually has a falling population now so it's no wonder their property prices are falling .. more housing than required. It ain't rocket science.

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If population growth pushes up property prices then why is the average house price in India still Rs 1,500,000? That's AUD 30,000.

Population growth pushing up prices is nothing but a popular myth. Read this: Debunking the myths peddled by Australia’s property bubble ‘deniers’.
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