Property has enjoyed a tremendous boom in the last couple of years. According to the ABS, in 2021 residential property prices rose 23.7%.
But with interest rates now rising, the growth has faltered - and in some parts of the country, prices are now going backwards. How far will they go, and how quickly?
Sean Aylmer is joined by two eminent guests who disagree over the outlook for the property market: Economist Stephen Koukoulas, Managing Director of Market Economics, and Christopher Joye, Chief Investment Officer at Coolabah Capital, and contributing editor at the AFR.