Going, Going, Gone: What?s driving Australia?s property frenzy

[DJE]

Yeah they need to stay there.Our traffic is bad as it is...no need more people...and its too hot here

Traffic is going to get worse unfortunately.
The plans in place for the SC is crazy, hopefully the new rail line will help ease it but I very much doubt it.
Just keep spreading the word that it's a shit hole, too hot and too much traffic

 

[DJE]

Gold & Silver just had their moment of " They're going to keep going up forever" & then Reality pulled the rug moment

The American markets will also have their " moment " because the FED's Liquidity can prop them up but Financial/Fiscal Reality will eventually pull their rug

The AUS Housing market will 1 day have their " Moment of Reality ". When u price nearly everyone out of the Market, there's no-one left to buy when's that day ? I have no idea, but I do know it will come, just as it always does.

Surely it has to, but like gold and silver the rug pull dipped back to what was not that long ago considered moon territory.
The property market may crash but when is anyone's guess.
If the market keeps going the way it is and crashes in 5-7 years, it may only crash to todays price level.

 

[shinymetal]

It's already lasted so much longer than it should have.
Something has to break at some point.

 

[Silver Soul]

The property market will crash. So relax