Report tips impending burst of Australian housing bubble

An economic report presented to a Government inquiry into home ownership paints a truly horrific outlook for house prices, with a price collapse forecast in all capital cities.

The new paper claims Australia is in the grip of the biggest house-price bubble in its history and the authors say it is primed to burst.

Aired on: Channel 9 News – 23rd June 2015.

Source: http://www.9news.com.au/national/2015/06/23/18/30/economic-report-tips-impending-burst-of-national-housing-bubble