BIS sees 20% upside in Sydney property bubble

Tuesday 17 March 2015

From the AFR, BIS sees for the Sydney bubble:

…rises of 13 per cent and 7 per cent over the next 24 months.

…Similar market dynamics will drive a 14 per cent surge in Brisbane house prices over the next years to June 2017….

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.