Yes Australia’s house prices may fall - but the decades of unchecked property price growth were the true policy failure

Instead of relying on tax-enhanced speculation, investors must now look at established properties based on actual profitability – leaving space for first home buyersFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFor decades, Australia’s property market has been defined by relentless price rises, reinforcing the old adage that real estate investment is “as safe as houses”.There’s now a wrinkle in that wisdom. Continue reading...