the property crash is here in melbourne, page-50

re:property bubble to burst The property market is no different to other markets - all "bubbles" eventually get pricked.

Look at o/seas house prices:
Japan - down 80%
Germany - down 65%
Hong Kong - down 65%

(all down from their 1980's "bubble highs".

Density of population and supply demand is not a factor when the bubble bursts.

The same will happen here imo - no amount of "real estate" sophistry will prevent a "bubble burst" - just a matter of time imo.