First, just watch these 3 videos.
The Australian property market is crazy. .
The first 2 videos give you an on the ground look on what is happening.
The 3rd video shows you the viewpoint from an investor who is thinking of shorting the market.
It’s an excellent case study of a housing bubble and I am eager to see how this plays out.
It has been my view that the Australian and Canadian property markets are crazily overvalued and due to a housing crisis. Perhaps that could set up other markets for something similar. Singapore private property prices are a joke.
Anyway, just something that I’ve been recently intrigued about.