Kouk: Housing is going to crash

Even the stopped clock is right twice per day. Via the Kouk:

So far in the 2020 Covid Depression, house prices have only edged lower.

Nation-wide prices are down a bit over 2 per cent over the past three months, led by Melbourne which is down around 3.6 per cent and Sydney, down about 2.2 per cent. This is not all that worrying, for now, given prices were rising very strongly through to the early months of 2020.

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