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Australia housing bubble

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29-04-2017, 06:38 PM

#11

Work Horse

Budget Racer

Join Date: Dec 2004

Location: Melbourne

Posts: 2,421

Re: Australia housing bubble

Quote:

Originally Posted by GREGL

Depends on foreign investment rules doesn't it. Oz is still a nice place to aspire to, and for the time being a reasonably tolerate place.

1 million Kiwis can't be wrong ?? Lol

I was referring to the Japanese asset bubble of the early 90's and the lost decade there.

The idea that property always increases in value after a correction was not the Japanese experience.

It could easily happen here...

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