have a look back at how the housing market faired, during the...

  1. 17,117 Posts.
    have a look back at how the housing market faired, during the period following the 87 stockmarket crash, which was followed by various different crisis, as a guide

    the housing market did not crash, why ?

    it seems that whenever there is a global crisis, and liquid assets follow the herd into a downward spiral, people stay in the property market, where they feel safe

    http://parlinfo.aph.gov.au/parlInfo/download/library/prspub/XK3L6/upload_binary/xk3l65.pdf;fileType=application%2Fpdf#search=%2220%20years%20house+prices+to+2006%22


 
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