Aussie property market facing the moment of truth

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Aussie property market facing the moment of truth
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Analysis: The weekly auction results and monthly house price reports are going to be compulsory reading for the months ahead

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smh /  🏆 6. in CH
 

No they won’t be

After rampant, unsustainable price increases for housing over the past decade, prices are now slowly (very slowly) reducing to levels that are still outrageous and we want to wring our hands about the loss of illusory wealth? Do you know how much debt Australian households have?

Only if you're geared up with investment properties. Otherwise, if housing halves in price, your dream home will be more affordable.

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