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Australian Housing bubble?

DoomsDave

By DoomsDave
in OHANA NUI  -  OFF TOPIC SUB-FORUM

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DoomsDave Grand Master

DoomsDave

Posted
Posted

Here in the land of the well, clues to the few, we don't know about the Australian housing market.

Wikipedia says there is one. I don't know. Is there?

Ozzians, tell us about it. Or not . . .

Let's keep our forum fun and friendly.

Any data in this post is provided 'as is' and in no event shall I be liable for any damages, including, without limitation, damages resulting from accuracy or lack thereof, insult, or lost profits or revenue, claims by third parties or for other similar costs, or any special, incidental, or consequential damages arising out of my opinion or the use of this data. The accuracy or reliability of the data is not guaranteed or warranted in any way and I disclaim liability of any kind whatsoever, including, without limitation, liability for quality, performance, merchantability and fitness for a particular purpose arising out of the use, or inability to use my data. Other terms may apply.

Walter John Grand Master

Walter John

Posted
Posted

I'll say this much Dave, Australia often follows suit in what goes down or up in the USA, economically speaking, and that inevitably includes the housing market.

Happy Gardening

Cheers,

Wal

Queensland, Australia.

Daryl Grand Master

Daryl

Posted
Posted

Overpriced...

Gold Coast, Queensland Latitude 28S. Mild, Humid Subtropical climate. Rainfall - not consistent enough!

Mandrew968 Grand Master

Mandrew968

Posted
Posted

I saw in an educational video that you guys have giant termite mounds where one can find cool waterslides, a sunglass hut and an Orange Julius...

Mr Cycad Community Regular

Mr Cycad

Posted
Posted (edited)

Yep, definitely overpriced.

With the falling terms of trade (with China etc.), incomes with take a hit soon enough and property prices will fall. It's already happening. The Government will have to run a hefty deficit next year to keep economy afloat...

Interesting times. :bemused:

Edited by Mr Cycad

Kurt

Living the dream in the Rainforest - Average annual rainfall over 4000 mm a year!!!

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