Australia housing bubble

[Work Horse]

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...