australian home prices world s most overpriced, page-9

"What is the catalyst for change though?"

well the interesting possibility is a change in sentiment,

When one considers that in Japan shares and property deflated, one can only assume un afford-ability and sentiment changed the market direction

a lot of investors invest on the basis of capital growth alone

in a market that is so overpriced and with bank deposits out performing the market, the banks may find that they can soon source their lending money domestically