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Now if this trend would spread to other western countries like Australia we could have some nice healthy housing price deflation.

• wcoenen 7y ago
  At this point the housing bubble in Australia likely can't be ended without triggering a recession.
• C1sc0cat 7y ago
  Ask japan about how that worked out for them - how may lost decades is it now ?
  • pixl97 7y ago
    Japan's set of issues is so significantly different it's not really worthwhile bringing them up.
• dmurdoch 7y ago
  Yeah I'm hoping this gets mirrored in Canada so Vancouver becomes livable for normies again.
• asdff 7y ago
  Do rents/housing costs truly ever dip or do they just stagnate while wages catch up?