THE PROPERTY EXPERT - HOUSING BUBBLE AND CRASHES EXPLAINED

With over 25 years of real estate experience, working every property market, including 'Boom and Bust'. I have personally and professionally witness the pain attached to a market 'crash'. In my opinion what we will see in our real estate market in Australia is an 'adjustment' and not a 'crash' to house prices, especially in cities like Sydney and Melbourne. The property market simply can not sustain itself at the high levels we are currently witnessing and what is being played out in the 'Auction arena' every weekend for the world to see. The real estate markets around the world have proven that markets do not simply just continue to grow 10% to 15% yearly, without a correction or adjustment along the way. Please click on the link below and let me know your thoughts and comments on, 'Boom, Bust or Adjustment'...
http://news.domain.com.au/domain/real-estate-news/the-housing-bubble-explained-20150606-ghha4m.html