A. Rents will fall in those areas where people have moved in to chase the money because now there aren't the jobs that allow them to afford the rents. People get creative, do their sums, 'illegally' share accomodation, move to the country, move overseas, worst case scenario people are forced into caravans/tents/cars which is tragic but it happens. Anyone been to America lately? But mostly people move away from expense. Helps when you have a strong currency.
B. See A.
C. They will now start to fall together. Greatest falls likely where the greatest gains have been because the market is hot with investors long the market and people who bought a house with the assumption of a high paying job.
D. If property prices crash, our banks are in trouble. Where do you put your money? That is the question everyone ask themselves every day. But if the Australian banks lose safehaven status, better having money or another tangible asset like gold/silver in your hands.
Just IMO
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- mining boom collapse = house prices plummet
A. Rents will fall in those areas where people have moved in to...
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