My Bui
speaker
229 appearances
2 recordings
1 series
first heard Jun 2026
last heard 7 Jul
My Bui’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.
Appearances
The Briefing · Barnaby Joyce’s on-air backflip + Are house prices really falling? · 5 Jun 2026
podcast
But number one, different markets are very, very different.
Brisbane, Adelaide and Perth actually reached new record highs in terms of housing prices last month.
You do see some falls in Sydney and Melbourne, but
Not even in every segment of the market.
If you look at units on the lower end of the markets, they're actually still gaining in prices.
So I think that calls for a property bubble burst.
Even if there is one, it tends to be very nuanced.
Maybe Sydney prices are quite overpriced versus affordability, but there's still a lot of juice to go in the booming cities, mid-tier cities of Brisbane, Adelaide and Perth.
And I think ultimately, when we want to think about housing prices, ultimately, it comes down to supply and demand.
And we do have a shortage of supply in terms of dwelling units in the market at the moment on a national basis.
We at AMP estimate that Australia needs to build at least 200,000 more dwelling units for the market to be a bit more balanced, basically.
And every single year, we're only building around 170,000 dwelling units.
so yes there will be some slowdown markets on the national levels we do see a five percent dip in this next coming financial year by june next year but i don't think we'll have a major crash you make a great point because it depends on where you're living which suburb and even you mentioned there even in the biggest cities at the moment it depends on which suburb because it's so variable at the moment
Again, I think it really depends on your house.
But I think on a city level, I don't think it is any concern in any single city at the moment.
So let's look at the price change from the peak of last year in Sydney and Melbourne.
So Sydney prices are down 2% from the peak.
In Melbourne, they are down 3% from the peak.
So essentially, you're only in negative equities if you have a 2% or 3% deposit.
Who has that minimum?
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