Jesterarts
Your freedom ends where mine begins
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This is a topic that in the news and papers basically on a daily basis so I thought I would see what peoples opinions on here are, and their reasons for them.
Is there a property bubble in Australia and is it going to burst?
I'm not talking about the 1M plus market. I'm talking about houses in the median price range of about 450K. The houses most average families would be inclined to buy and within the next 24 months as the timeframe so well into the apparent "pop" territory going on media and public opinion.
That stats I've been reading suggest that Australian properties are over priced by about 56% but it didn't indicate which park of hte market this is refering to.
Your thoughts?
Is there a property bubble in Australia and is it going to burst?
I'm not talking about the 1M plus market. I'm talking about houses in the median price range of about 450K. The houses most average families would be inclined to buy and within the next 24 months as the timeframe so well into the apparent "pop" territory going on media and public opinion.
That stats I've been reading suggest that Australian properties are over priced by about 56% but it didn't indicate which park of hte market this is refering to.
Your thoughts?