The government has been trying to get property prices under their control.
Artificially (slightly) raising interest rates has done this, for how long is the question. The higher interest rates go so will the dollars value
properties over the last 3 years have gone up, over the last 10 years rises have been modest. It may be that prices have peaked Traditionally property prices do not crash (speculative unit prices yes)
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- the aussie property bubble is about to pop.
The government has been trying to get property prices under...
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