Australia's double housing trouble

Australia does indeed face a looming and acute housing shortage, but with house prices seen at up to 30 per cent overvalued a severe speedbump in China could still see property values tumble.

The Australian housing market has most people scratching their heads. On the one hand there are those such as veteran US funds manager, Jeremy Grantham, who are convinced that our market is an unmistakable housing bubble.


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