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More and more Australians are considering investing in the USA. The Australian property market is very overvalued and overpriced, whereas the strong Aussie dollar makes US property seem very affordable and offers better rental return going forward too. See below for details..... <snip> It's...

Well, since this thread was started things have deteriorated rapidly in Australia. The housing market crash/collapse is well underway!

The thing is just because property is cheap doesn't mean it can't fall again in price. Here's an interesting blog article about global house price crashes, which countries have been impacted so far and which ones haven't. <snip> I'd be very wary about buying in Australia or Canada right now...

Stable? Aren't they at the highest they've ever been? Do you think this is a permanently high plateau?

I can't believe how cheap property is in France (compared to Australia where I live). You can buy a castle, yes a whole bloody castle, in France for the same price as a 2 bedroom unit in some parts of Sydney. That's unbelieveable!

In case anyone doesn't believe me about the empty houses, the data is from the Australian Bureau of Statistics from the last census so it is pretty reliable. The chart below shows the empties in Sydney alone..... Oh, the system wouldn't let me post the chart, something about no links being...

I don't see why it would be depressing. Housing will become more affordable. That has to be a good thing for everyone (except for the speculators who were gambling on ever increasing prices and hoarding property that could have been better used sheltering the population instead of being help...

There is a massive oversupply of 800,000 empty houses in Australia, plenty to house everyone.

Australia only 'survived' the GFC because of unprecedented and reckless government debt funded stimulus aimed at keeping the bubble inflated. The bottom line is Australian property is a ponzi scheme of epic proportions. The writing is on the wall and there have been significant declines in...

he so-called shortage is a myth, an illusion dreamed up by the vested interest spruikers. The reality is there are hundreds of thousands of empty houses in Australia and these are being held empty for speculative purposes. What we're seeing now as interest rates rise is stock on the market is...