https://m.qt.com.au/news/the-secret-forces-controlling-house-prices/3387222/
What happens to prices in global cities determines sydney prices to some extent.
Manhatten prices are coming off post changes in tax deductions. Could this happen here if neg gearing is removed.
https://www.ft.com/content/b0ab3fa6-36a7-11e8-8eee-e06bde01c544
Sales of Manhattan apartments — some of the priciest properties in the US — have declined by the most in almost a decade, as potential buyers hesitate following the introduction of the new tax law.
