We have 10% empty homes in Australia (mainly second/holiday...

We have 10% empty homes in Australia (mainly second/holiday homes), a very low number of people per household compared to 10, 20, 30 years ago and an an increasing number of bedrooms....we have plenty of homes for people to live in if there was a real shortage.

So does that mean that if house prices fall holiday home owners will sell their holiday home??? Everything goes in waves. If housing becomes cheap than gold will be overpriced and the hands will turn back to housing again and it will become overpriced and gold cheap once more. It's always been the same and always will.