How scared should you be about the property crash ahead? With Stuart Wemyss
Property Investment, Success & Money | The Michael Yardney Podcast
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Australia's Property Market Has Never Dropped to That Degree
There has never been a property crash since regular figures were kept in night from nint 87, of the magnitude that the economists we are talking about are suggesting. The biggest peak to trough drop occurred in two thousand 17, 18 19, when sydney dropped 18 point %, melbourne, 14 %, brisbon, seven %. At the moment, there's a huge under supply of property. We're not building enough new homes at the moment. In fact, we can't build them because there's not the supply. And credits, credits already pretty tight. I don't think credit will loosen. But even during that credit tightening phase, michael, melbourne,. medium
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