Recently economist Chris Joye highlighted a chart published by The Economist which challenges their suggestion that Australian property is overvalued and likely to crash.
As you can see the graph below shows international house prices in real or ‘inflation-adjusted’ terms since 1975.
Compared to Spain, Singapore, New Zealand, Ireland, France, Britain, Canada, Belgium, and the Netherlands, Australian house price growth has been relatively run-of-the-mill…
Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to Michael Yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.