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Australia's housing downturn needs perspective, expert argues
Original: Australia’s housing market is definitely in a downturn – but let’s put that in perspective | Hal Pawson
Housing expert Hal Pawson writes in The Guardian that Australia's housing market is indeed in a downturn, but argues the decline should be viewed in context rather than treated as a crisis. He suggests that after years of strong price growth, the current fall is less severe than some commentary implies, prompting debate about how badly the market is really doing.
Why now: Falling house prices are a major concern for Australian homeowners and buyers, so commentary weighing the severity of the downturn draws wide attention.
Hal PawsonAustraliaThe Guardian
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- Australia’s housing market is definitely in a downturn – but let’s put that in perspective | Hal Pawson · The Guardian
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