How close is the property bubble to bursting

How close is the property bubble to bursting

With a steady stream of warnings about the property market entering a downturn nationwide, one expert claims analysing when the property market will crash is a complex issue, and explains what the bottom line is for investors.

Dr Shane Oliver, head of investment strategy and chief economist of AMP Capital, believes the narrative of the Australian housing bubble has been pushed forward by discussions of tax breaks, low interest rates and liar loans towards mortgage stress, which will lead to a bubble burst.

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Sourced from Smart Property Investment