Hahaha! Failing your Economics 101 class... If prices are falling, it means that demand is weakened in relation to supply - no matter whether supply is lower or higher in itself. This article should have been checked before pub in Conversation and ABC!
Wait until the interest rates start going up (and it will happen eventually), that's when you will see the market flooded with properties by desperate owners in over their heads, those who waited will reap the rewards
who wrote this ? has to be a realtor Zuck-puppeteer, apparently commission fee is far more important than affordability.
Can you say GFC ?
'shit... the poor might be able to afford housing...' - 'No fear.. we can still stop them ! '
Fact - it's a safe bet that anyone claiming the price of housing falling is a bad thing for everyone stands to lose some of their commission as a result.