Yes totally agree. Let's take the example of Australia Zoom out and countries around it have swelling populations , underdeveloped in most cases at present. Zoom in and we find the opposite Australia population small compared to surrounding nations, infrastructure well developed, education, hospitals, etc ... in an enviable state compared to its neighbouring countries, then we add to that no civil unrest , well established laws, and lastly but what seems to attract the majority a rather attractive welfare system you see the more children the higher the welfare with no requirement to work. With the momentum so high to enter country it is inevitable that realestate demand will continue to rise , yes it has its cycles along the way but the general trend is the same It really is obvious yes it will have its corrections along the way no different to any other investment class but current population growth externally to Australia and immigration demand is inevitable for Australia to maintain its status as a nation No wishful thinking can change this scenario short of a cataclysmic catastrophe in which case your the last thing you and will be worrying about is house prices as the more likely scenario will be were to get the next meal from as we saw the GFC play out in the USA , Europe, Britain etc....
