Author Topic: "House prices 40% overvalued in Australia"  (Read 1125 times)

JLR

  • Pencil Stache
  • ****
  • Posts: 503
  • Location: Australia
"House prices 40% overvalued in Australia"
« on: March 31, 2016, 11:30:44 PM »
http://www.afr.com/real-estate/residential/house-prices-40-per-cent-over-valued-in-australia-says-the-economist-20160331-gnvloy

"The value of homes in four cities on the Pacific—San Francisco, Vancouver, Sydney and Shanghai—has increased by 12 per cent a year over the past three years, twice the average national pace."

 

Wow, a phone plan for fifteen bucks!