Australian housing bubble thread

Discussion in 'Economics' started by m22au, May 21, 2010.

  1. Australia's property market is unique because people want to live and own a property here, the obsession is a cultural phenomenon, so i'd be careful when making comparisons with previous housing bubbles.

    I believe the biggest threat to the Australian property market is global warming, its already borderline unbearable during summer.
    Last edited: Mar 4, 2017
    #151     Mar 4, 2017
  2. i960


    Unless AUS is seeing wage growth matching those crazy housing growth numbers it's simply unsustainable.

    C'mon folks it's clear as day the global economic situation were in. It's not a matter of if, its a matter of when. Just sit tight.
    #152     Mar 4, 2017
  3. vanzandt


    Scroll down to Monkeyc's post on this page and look at some of those links.
    #153     Mar 4, 2017
  4. xandman


    So, what's the best trade?
    #154     Mar 4, 2017
  5. m22au


    #155     Mar 12, 2017
  6. #156     Mar 14, 2017
  7. i960


    Incredible the level of involvement/concern the RBA has in this. Both a moral hazard to rate normalization and overt nannyism.

    To put it another way, RBA officials must have a lot of investment property they're worried about.
    #157     Mar 14, 2017
  8. m22au


    "House price rout on the cards, but the alternatives would have been bad too"

    Article from 3 March 2017.

    The first chart in the article shows house price changes in the five biggest cities. Perth did well from 2005 to 2007 due to the mining boom. In the last 3 to 4 years, the biggest price gains have been in the two biggest cities: Sydney and Melbourne.
    #158     Mar 16, 2017
  9. #159     Mar 16, 2017
  10. m22au


    Here are the March 2017 figures:

    Source data:

    Various articles reporting on the figures:
    (includes the Corelogic table)

    Sydney +1.4% in March, +18.9% year-on-year, median $805k
    Melbourne +1.9% in March, +15.9% year-on-year, median $605k
    Combined capitals +1.4 in March, +12.9 year-on-year, median $585k

    #160     Apr 3, 2017