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

 

[SilverBags]

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

Yes we have sustained higher price growth with about 5 other nations since 2008 world property correction, Canada was one of the five and the first to fall $150,000 CAD over three years following the 2022 peak and now from late 2025 they have had another decline of over 20% from their 2022 peak.
USA is slowing/ rebalancing to stagnant as per jp morgan.

The property market will crash. So relax

Australia's time will come for a correction, the question though is will the olympics drag all the other states along with small dips and corrections until 2032 on the coat tails of QLD prices taking over sydney to claim number one position in our mega property bubble?

A quick look on realestate website and there are cheaper deals or better buys in king of world lock down state melbourne.
Were peeps have been fleeing from - "PAPERS PLEASE" and rubber bullets.