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Podcast: The Property Couch
Episode: 195 | Property Bubble or Property Balloon?
Description: Folks, no doubt you’re aware there’s been a shift in the property market.House prices have dropped. This weekend’s Auction Clearance Rates here in Melbourne were below 50%. So it’s obvious that Sydney and Melbourne have come off their peak.And back in Episode 66 (over 2 years ago now), we warned you that Winter was Coming… Well, let’s just say “Winter is Here”.So where’s the good news? And what is a Property Balloon? Today we’re going to go “up in the clouds” to see the 30,000ft view of the marketpla...