I make no apologies for saying this, real estate prices in Australia are completely out of sync with reality and anyone wishing a boom is around the corner are deluding themselves and at the same time without knowing it – wishing for a complete collapse of the market.

This could be a scenario we face unless we address some fundamental problems with the way our market works and the people who profit from rises in the market.

If middle Australia cannot afford to buy a home in the area they work, the real estate industry will collapse, this means your future will be in another industry.

Read the rest of this article »

11 Comments »