Prepare for a sharp house price punishment

As demographics turn against the housing market and a terms-of-trade boom recedes, foreign buyers and SMSFs are unlikely to fill the gap. There’s every chance values will fall painfully.

The housing debate heated up this week with spirited discussion between Professor Steve Keen and Christopher Joye on both Business Spectator and The Australian Financial Review. Though some of the economic message may be lost among the personal politics, households and investors should heed their basic warning: house prices are increasingly overvalued and are at a genuine risk of falling sharply in the years ahead.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles