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Moneygirl forum » Property

1. Moneygirl
   Administrator

   We're interested to hear if the news that Australia's housing is the least affordable in the world changes the way you think about property ownership?

   Posted 7 months ago #

2. Lisa
   Member

   At first I thought it sounded pretty bad (does this mean that one morning we could wake up and the prices have crashed b/c suddenly the market's realised prices are too high?) but now I'm not so sure of the implications.

   Posted 7 months ago #

3. Vesper
   Member

   Don't forget there are also studies just out saying there's a housing crisis in Australia at the moment and there aren't enough dwellings being built for the growing population, surely that means if anything prices are just going to keep on going up?

   Posted 7 months ago #

4. Lisa
   Member

   Sounds feasable to me

   Posted 7 months ago #

5. Urbangal
   Member

   I think property ownership is going through a bubble. It doesn't deter me to keep looking, but it does make me feel like I need to hunt harder, with an element of luck on finding something within my criteria

   Posted 7 months ago #

6. Ann
   Member

   I think it's just about supply and demand. If population in any area is set to increase, then they need somewhere to live so will pay market rate.

   Posted 7 months ago #

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