Australian business media Australian Property Featured Article

If house prices fell in a wood and nobody saw it, did it happen?

Thursday, 1 February 2018

CoreLogic is out with its monthly price data recording “coast-to-coast” property price falls in January yet a survey of Flufferfax shows that Melbourne prices are skyrocketing, Kevin Rudd is spitting the dummy, some sheila is getting hosed off in Perth, there’s been a clerical error in a Brisvegas hospital:

The one thing that there is not is house price falls. I’ve checked. The story has been written…and buried. Despite everybody knowing that property stories rate best.

Independent. Always. But of what?

Update: The AFR finally breaks the taboo:

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.