Syd/Melb property shifts into extreme overvaluation

Wednesday 11 November 2015

We already know that Sydney and Melbourne housing values are pushing extreme levels, built on a frenzy of speculative demand both from domestic investors:

And foreign buyers, much of it illegal:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.