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ustralia’s housing bubble about to implode
Not as long as urban boundaries keep supply tight. No way the market can be keep up inside the boundaries
If people stopped moving to Sydney, prices would stop rising.
I've been there, and it is extremely nice, like San Francisco but without the homelessness and shit everywhere. I can see why people move to Sydney. And they do seem to have a lot of jobs.
https://www.bloomberg.com/news/articles/2017-11-23/australia-faces-housing-hangover-twice-size-of-u-s-subprime-era
https://www.bloomberg.com/news/articles/2017-11-23/australia-faces-housing-hangover-twice-size-of-u-s-subprime-era