Flying Circus: House prices to fall, flatten and boom!

Friday, 15 May 2020

More from the Flying Circus today:

AMP’s grizzly Shane Oliver is once again calling for prices to fall by as much as 20 per cent. Respected housing analysts like my friend Louis Christopher are open to the possibility of a 30 per cent drawdown.

And then there are the perennially negative perma bears, praying for the mother-of-all housing depressions, including doomsayers like Steve Keen and his acolytes.

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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.