Ozzie property prices are absurdly high to me but not so to the Chinese happy to pay US3 million for a shoe box in Shanghai or Hong Kong.
Stop deluding yourself. Property is not crashing.
We live in the luckiest/best country in the world.
Our population is expected to double in the next 20 years.
Simple demographics ensures that any dip in prices will be aggressively bid.
A 10-20% correction at best.
NAB has bottomed. Short term target $26.00 - $26.50.
NAB, Banks and Looming Mortgage Crisis, page-31
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Last
$38.54 |
Change
-0.410(1.05%) |
Mkt cap ! $119.0B | |||
| Open | High | Low | Value | Volume |
| $38.89 | $39.00 | $38.42 | $30.86M | 798.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1065 | $38.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.55 | 1617 | 8 |
View Market Depth
| Last trade - 12.23pm 11/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |