The glib answer is that whatever the buyer pays is the right price. But I don't own a house because I don't see value in them at current prices. What's got me

The glib answer is that whatever the buyer pays is the right price. But I don't own a house because I don't see value in them at current prices. What's got me curious is the amount of foreign investment in Australian property. Are they so keen because our market looks like value to them, or just because some spruiker showed them a graph of house prices over the last 20 years.