Australia’s So-Called ‘House Price Bubble’
by John Edwards
Founder of Residex Pty Ltd and Consultant to Onthehouse.com.au.
The media is rife with talk of a housing price bubble – particularly in Sydney. Are these reports correct? In short, probably not.
Are we going to see media stories about people getting into trouble with home buying? Probably, yes.
Before I explain, let’s look at the August statistics, which reveal interesting information about Sydney and Melbourne.