Where is this 50% crash going to come from? Seriously...
Employment numbers are good, damn good...in fact we don't have enough skilled workers in this country.
Net migration is strong, we can expect additional circa 5 million people in Australia by 2030.
Australian economy doing ok, interest rates under control.
There is a serious rental squeeze in major metro areas, councils have to change planning laws asap to allow more medium density housing. Try applying for a rental property inside 10km radius in Melbourne or Sydney!
The lack of building activity now will only increase the size of latent demand.
Anyone invested in blue chip property has nothing to worry about.
