yeah but the same arguments have been made for the past 5 years...meantime house prices have doubled....what is the trigger for reality to set in?
if we enter a bear market, no guarantee property will be hit...after the 87 crash a lot of money flowed into property as a safe haven.
If wages rise to make property prices "fair" then inflation will break out and so will interest rates --- hitting property hard.
I do not hold property and think it is overvalued, but I have been reading the same arguments for years, and thus far the property perma-bulls are vindicated.
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Last
$72.02 |
Change
0.680(0.95%) |
Mkt cap ! $13.99B | |||
| Open | High | Low | Value | Volume |
| $71.50 | $72.34 | $71.41 | $21.45M | 298.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1152 | $71.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $72.20 | 259 | 1 |
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| Last trade - 16.13pm 18/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |