[How Will It End?] Property Prices Graph

[The End Is Near]

Black graph line and axis shows Japan Property Prices during the boom, bubble and bust.
Red arrows and text shows the US Property Prices following a similar price line.

Is Australia property prices follow the same price movement as the Japan and US Property market? Some say that the Australian prices is starting to 'plateau', and that we would see this permanently high prices.
But I doubt it can be permanently sustained with raising interest rates, and fading stimulus (first home owner grant, reduced stamp duty). By the way, the first home owners was a terrible idea. All it did was bring forward first home owners, and the grant was simply added to the vendor asking price, so it just artificially pushed up prices, and keep the bubble going. It helped the vendors, and nothing for the buyers.

So maybe add 5 years to the US timeframe (Red Text) to get the Australian's property price line?

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Posted By The End Is Near to How Will It End? at 9/04/2010 07:25:00 PM