Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Aus house prices overvalued

Aus house prices overvalued

Thread Tools
 
Old Jun 17th 2005, 6:09 am
  #1  
Don
Banned
Thread Starter
 
Joined: Aug 2002
Posts: 7,613
Don is an unknown quantity at this point
Default Aus house prices overvalued




Check out full story http://www.economist.com/finance/dis...ory_id=4079027
Don is offline  
Old Jun 17th 2005, 6:18 am
  #2  
ABCDiamond
Guest
 
Posts: n/a
Default Re: Aus house prices overvalued

According to that, if the UK property prices drop by 15.75% then the Australian propery market will be back on par with the UK one.

Or of course the same result if the Australian property goes up by another 18.7%
 
Old Jun 17th 2005, 6:21 am
  #3  
Kingscliff NSW/QLD border
 
the plumber's Avatar
 
Joined: Jul 2004
Posts: 431
the plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to allthe plumber is a name known to all
Default Re: Aus house prices overvalued

Don, i think its a simple equation here......when house prices out pace wage's by ridiculous amounts.....it just becomes unsustainable.....and thats it.....


all the best plum
the plumber is offline  
Old Jun 17th 2005, 6:25 am
  #4  
Don
Banned
Thread Starter
 
Joined: Aug 2002
Posts: 7,613
Don is an unknown quantity at this point
Default Re: Aus house prices overvalued

Originally Posted by the plumber
Don, i think its a simple equation here......when house prices out pace wage's by ridiculous amounts.....it just becomes unsustainable.....and thats it.....


all the best plum
Ayup Plumber

No more for me
Don is offline  
Old Jun 17th 2005, 6:27 am
  #5  
(It's not my real name)
 
renth's Avatar
 
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
renth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond repute
Default Re: Aus house prices overvalued

They're overvalued in the UK as well as Aus.
renth is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.