Why 2020 Is Not 2008 Mark II for the US Housing Market - Will Australia have similar fate?

Discussion in 'Property Market Economics' started by Gen-Y, 20th Jul, 2021.

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  1. Gen-Y

    Gen-Y Well-Known Member

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    Then and Now – Why 2020 Is Not 2008 Mark II for the US Housing Market | Man Institute

    Is the US housing market at risk of another crisis because of coronavirus? In a nutshell, we believe the answer is: no.


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    Tea leaf reading into the Australian property future.
    I think Australia will follow similar path as the USA after their 2008 GFC.
    All the talk about housing being too expensive is still way too early.
    If Baseline for Australia is start of 2020 for Pandemic. We could be in a good run of anywhere from 30% to 50% higher.
     
    Gen-Y, 20th Jul, 2021
    #1
  2. MTR

    MTR Well-Known Member

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    I dont believe a crash in OZ

    However, if we dont change our strategy in Australia from zero covid and on going lockdowns we will be left behind globally.

    Continued Closed borders will hurt and market sentiment will change.
     
    MTR, 20th Jul, 2021
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  3. Trainee

    Trainee Well-Known Member

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    Considering a banking crisis is off the table, not sure how comparable 2021 is to 2008?
     
    Trainee, 20th Jul, 2021
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    MTR likes this.