Australian Homes Most Overpriced : The Economist
So an article has come out regarding Australian House Prices, and how compared to the rest of the world, ours are the most OVERPRICED. Ouch, thats MOST OVERPRICED in the entire world. See the article here: http://www.theaustralian.com.au/business/markets/australian-homes-prices-the-worlds-most-overvalued-the-economist/story-e6frg926-1226015956075?from=public_rss
It seems we're not alone though, France and Hong Kong also have overpriced houses.
What to make of this? Does this mean we are expecting a big dip in Australian House Prices? Will house prices crash? Is there anyone out there that can still buy a house fast? Will it be harder for We Buy Houses Fast to buy houses? Or should we stop buying houses altogether because a house price crash may be imminent?
We'll let you make up your own mind, in the mean time, we'll still buy houses real fast.
-- Sheree Becker - House Buyer for We Buy Your House Fast
