In today’s episode economist Steve Keen explains why Australia is in a property bubble and what you can do about it.

Is there currently an Australian property bubble? Some experts say that there is and that prices in property could fall by as much as 40% or more. While other experts say that we aren’t. Today, I have with me an expert in the Australian property bubble, an economist, Steve Keen, who understands this issue like nobody else.

I was really excited to get him on and to understand why he believes that we are in a property bubble in Australia, to talk through some of the statistics and to also really get an idea of is this bubble likely to pop in the near future and what can we do about it as investors. I’m really excited to have this interview today on whether or not Australia is experiencing a property bubble and what we can do about it.

I do want to apologize ahead of time for the quality of the recording. The internet at my house wasn’t performing very well when we did this and we’re talking to each other on the opposite sides of the world. Unfortunately, there are some areas where the audio cuts out or it’s not too strong and the video can be quite pixelated. So just beware of that, I do apologize for that, but there wasn’t much I could do. But this definitely an interview worth watching.

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http://onproperty.com.au/372 - View the full transcription and audio version of this episode.

http://onproperty.com.au/free - See real positive cash flow property listings

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