the price/rent ratio is 17 in Australia
this would imply that market expects property to grow at 17%
interest rates at about 8% people
the high cost of housing
the market is completely wrong
either prices have to fall or rent have to rise a lot
my money is on the price falling
http://www.globalpropertyguide.com/Pacific/Australia/price-rent-ratio
property correction risk in australia high, page-27
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