Is a real estate bust coming to Australia?

Real estate agent Adrianna May has just sold this property in Cronulla

Real estate agent Adrianna May has just sold this property in Cronulla Source: AAP

As a new research paints a scenario in which house prices end up falling 30%, New South Wales pledges 500 million to buy up properties and save the sector. Is this crisis as severe as it looks though?


Professor of finance at the University of NSW-Canberra Max Tani tells SBS Italian how the real estate crisis is unfolding in Australia.

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Is a real estate bust coming to Australia? | SBS Italian