2min chapter

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Back To The Future - Tyler Cowen

The Joe Walker Podcast

CHAPTER

The Anti-Bubble Panic

Australian real estate can be pretty pricey, right? The Gold Coast and so on. And that's probably not a bubble. It's probably worth it. What could be better in life than like a coastal Sydney apartment? Yeah. Well, I mean, Sydney and Melbourne are in the top five least affordable cities in the world on the demographic analysis. They are outstanding cities. But again, COVID aside, Australian real estate canbe pretty pricey,. The Gold Coast  and so on. This article was amended to make clear that while prices were higher during the 'bubble years', they're now more in line with fundamentals.

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