Australia's Property Bubble Is Back On

From July 2017 to May 2019 prices fell 14.9% in Sydney, 11.1% in Melbourne and 8.4% nationally. But they've modestly rebounded in the last two months. Nigel Stapled has built an index of Australian property prices dating back to 1890. He says over 300,000 Australians have two or more negatively geared investment properties.