What props up the Aussie real estate bubble?
Posted: Mon May 21, 2018 8:24 am
What props up the Australian real estate bubble?
Easy loans cause such bubbles, as easy credit pushes up house prices. This has been shown historically in other countries.
And it is obviously happening in Australia ... http://www.news.com.au/finance/business ... 9cbe966ca2
In Australia's case, huge immigration and foreign investment also helped push prices up to stratospheric levels.
Will the bubble pop?
Easy loans cause such bubbles, as easy credit pushes up house prices. This has been shown historically in other countries.
And it is obviously happening in Australia ... http://www.news.com.au/finance/business ... 9cbe966ca2
In Australia's case, huge immigration and foreign investment also helped push prices up to stratospheric levels.
Will the bubble pop?