Are we headed for an Australian Property Crash?
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Are we headed for an Australian Property Crash?
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About this listen
Everyone is talking about an Australian property crash. George Markoski and co-host Adam Albright go through the actual data to give an honest answer.
New Zealand's three-decade housing boom just ended. Canada is down 17% from its peak. George traces what caused both corrections, then compares those exact conditions to Australia today.
The answer comes down to one thing most commentators are not focusing on: immigration and the structural housing deficit. Australia is running a shortage of 200,000 to 300,000 homes, population growth is at record levels, and 66% of Australians still expect prices to rise. The fundamentals that triggered corrections elsewhere simply do not exist here in the same form.
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About Positive Property:Positive Property has been empowering Australians to build financial freedom through strategic property investment for over 20 years. Founded by George Markoski, the community is built on the mission to help 10,000 Australians achieve financial independence through proven, principle-based property investing.