According to Alan Kohler, “The Australian dollar should continue to fall and the property market continue to boom, but it won’t be business as usual for the global economy if it finally succumbs to deflation.” Based on the statement by Alan Kohler, Would it be a year of deflation? Will Australian dollar keep to boom or to bubble?
Many of the Economists expected that housing prices will continue to rise because across to all the capital cities increases by 7.2%. Nowadays, Australian house prices are too high for the first home buyers and it clearly see that prices will continue to grow. In 2014, housing demand is increasing because it driven by rapid population growth, low interest rates and low of housing supply. Is it risky for the housing market?