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Australia’s most over-priced property market

Posted on 20 October 2011

The recent Sydney Housing Valuation Report argued that Sydney’s housing market, despite being Australia’s most expensive when measured against household incomes, is built upon relatively sound fundamentals and offers a safer-than-average (Australian) proposition from an investment housing viewpoint.
Now this column wants to focus on the Melbourne housing market, which is built upon far shakier foundations and is arguably Australia’s major market most at risk of a significant price correction……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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