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cobran20

Will housing bubble pop in 2017?

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The year is of interest as that would fit with Armstrong's views that the SHTF from the end of this year onwards.

 

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I thought prices would bottom between 2018-2022 but that would mean an almighty crash is coming (which is generally less likely than more likely).

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I thought prices would bottom between 2018-2022 but that would mean an almighty crash is coming (which is generally less likely than more likely).

 

I see 2017 as the period during which when the SHTF. I don't expect the timing to be identical for all countries.

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1 hour ago, cobran20 said:

I would be fair to say that nothing major happened in 2017!

Prices went up dramatically in Sydney. That's pretty major. 

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On 1/21/2018 at 3:39 PM, zaph said:

Prices went up dramatically in Sydney. That's pretty major. 

I posted that in context with the title of the thread. Nothing rolled over (at least not noticeably).

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But perhaps it could be a turning point for Sydney:

https://www.propertyobserver.com.au/forward-planning/investment-strategy/property-news-and-insights/79668-sydney-stock-remains-high-but-perth-is-the-slowest-selling-market.html

Sydney vacancy rates edge to four year high

I wonder if the government will bend to pressure and introduce incentives for empty-nesters to downsize as well as charge a 'empty dwelling' tax to foreigners?

Using Sydney's 600,000 vacant bedrooms could boost productivity

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