A housing rebuild, without the boom features

The residential property market is recovering … but don’t expect a boom this time.

When it comes to property, it seems the world – at least in Australia – is divided into two warring camps.

There are the shrill cries of impending doom from academic economists, convinced that we are on the cusp of disaster. They believe the Australian property market is one enormous bubble set to burst and will take the banking system down with it.

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