In that article: "Credit Suisse's analysts believe Australian...

  1. 6,351 Posts.
    In that article:

    "Credit Suisse's analysts believe Australian housing is at its peak in the cycle, with Sydney house prices having more than doubled since 2009 and Melbourne prices up 90 per cent. But they are hopeful the demand from China will moderate the severity of any downturn in housing prices."

    Hilarious really, the foreign monies purchasing (AND propping up our banks) are yet again put up as the solution.... when they are part of the problem.

    Ironical, foreigners buying here, but young Australian can't afford to buy here and very often are not allowed to buy "over there"(wherever).
 
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