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One issue I have with drawing statements on property prices to wages or property price growth relative to inflation is much of this assumes property is bought with domestic capital only. In my view a significant source of property price growth stems from growing Asian wealth (diversified across...

Interesting piece just out by Joye in the AFR, who is one of the better market commentators. Not sure exactly how he works out its 10% overvalued. Streched valuations seems to be mainly associated with certain suburbs, not necessarily broadly based...