The markets move in cycles, the property cycle is being distorted by continued immigration and diy super annuation pundits putting all their super into housing, when rates rise or the economy goes pear shaped ,and most immigrants run back to the their countries of origin , it is then you will see one of the largest property price crashes imho. Australia is living on borrowed time, if it was for QLD and WA propping up the economy we would of been sunk a long time ago.
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Is there a housing bubble that’s about to burst in Australia?, page-74
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