abc 730 report australian subprime, page-19

Property is in a long term downward trend...10-20years IMO.

IMO your not going to see a crash...

More likely see death from a thousand cuts as it grinds lower and lower...

Governments will prop the market with dodgy FHOG stimulus... Meanwhile the RBA still has plenty of room to move...

Inflation will take some of the sting out...

Australia would have to have a black swan event for a crash... One of the big four would have to go under...