000			01075cab a22001935a 4500
001			L146013
008			081201s2008 xxkdo f s 000 0 eng d
035			_a(Sirsi) u146013
041	0		_aeng
100	1		_aEslake, Saul
245	0	0	_aAustralian house prices unlikely to fall
260			_c2008
490			_aThe Estate Agent _v72(5) October 2008, 24-26(3)
520			_aIn this article, the author discusses the Australian residential property market and suggests that it will not face the same falls in value seen in the UK and the US. He states that, while household debts have risen in recent years, the Australian market is facing an undersupply (partially as a result of immigration) and prestigious institutions such as the IMF do not count prices as overvalued. He also suggests that the imprudent sub prime lending that has led, in part to the current economic crisis was not nearly as common in Australia. A range of supporting tables and statistics are provided.
590			_aKA
651		4	_aAustralia
690			_aResidential property _96266
942			_n0
999			_c80996 _d80996