Housing hasn't been a good indicator of inflation for ages, it's in a bubble and chinese investment chasing a safe foreign deposit and entire country's economies (aus) dependent on it, and ludicrous regulation, has driven the housing price up well beyond inflation, but with the bubble now peaking and rates going up we're about to see it pop like in 2008.
Housing hasn't been a good indicator of inflation for ages, it's in a bubble and chinese investment chasing a safe foreign deposit and entire country's economies (aus) dependent on it, and ludicrous regulation, has driven the housing price up well beyond inflation, but with the bubble now peaking and rates going up we're about to see it pop like in 2008.