Gold price, page-109

IMO property prices will fall, if you look at the property price graph over the last 100 years it shows we are in a massive bubble. Since 2000 property prices have gone up 5x and the average wage has only doubled. Right now property prices are the most unaffordable ever. There is also the chance of interest rates going higher if inflation is not controlled or if the Aussie dollar continues to fall, this would put massive pressure on houses prices. Home loans which are in arrears are growing at record rates and Australian home owners are the most of risk of default in the world. House prices in China have fallen 40% and prices are now falling in the UK, Canada and the US. We are in the perfect storm for a major downturn in property prices. This is my opinion only.