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Forum: Australia

Mar 29th 2010, 7:56 am

Replies: 983

Housing bubble in Australia

Views: 82,309

Posted By ozzieeagle

Re: Housing bubble in Australia

Just learnt on the TV that one of the Auctions in Melbourne yesterday, ended up being held in Chinese. They broadcasted a phone call to ABC radio today from someone in attendance at a house Auction...

Forum: Australia

Mar 14th 2010, 10:05 pm

Replies: 983

Housing bubble in Australia

Views: 82,309

Posted By ozzieeagle

Re: Housing bubble in Australia

Perth booms and busts more than any City in Aus.... In fact it would be interesting to see how it compares to other Cities around the world with a similar reputation.

Whats unusual this time...

Forum: Australia

Mar 12th 2010, 3:47 am

Replies: 983

Housing bubble in Australia

Views: 82,309

Posted By ozzieeagle

Re: Housing bubble in Australia

The next 2 interest rate rises will be the litmus test. Can the new foreign buyers carry the market is the crux of the matter.

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Forum: Australia

Mar 1st 2010, 6:59 am

Replies: 983

Housing bubble in Australia

Views: 82,309

Posted By ozzieeagle

Re: Housing bubble in Australia

Personally I reckon the market will demand much smaller dwellings so as to improve the affordability. Possibly about to see inner urban old brick houses converted into two flats.... as in London.

Forum: Australia

Mar 1st 2010, 6:55 am

Replies: 983

Housing bubble in Australia

Views: 82,309

Posted By ozzieeagle

Re: Housing bubble in Australia

We've been over this in other threads..... but to repeat it definitely is the Chinese mostly and other new migrants driving the market in Melbourne. So it's your second point.

It's possibly going...

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