Property Bubble

Last Sunday night’s finale of Channel Nine’s The Block was a prime-time portrayal of a property crash. It’s estimated that the couples would each have lost close to $500,000 – and that figure doesn’t include their three months of labour.

There’s a bloke who has been cyber-bullying me for years. Every time positive property price results come out, he emails me to remind me how wrong I’ve been about housing prices, and tells me I’m a disgrace and shouldn’t be in the paper. It’s venomous stuff.

We’ve listed the top ten most heavily discounted Australian properties currently on the market for 2011.

I spend about a month each year in the US — and it’s a wonderful country with really decent people (and George Bush). The so-called ‘Great Recession’ is really hitting people hard. This video shows the worst of the subprime crisis…

This week we’ve collated all of the latest property market statistics together, listing the three cheapest properties available in various states across Australia.

We’ve noticed at Barefoot that all of the housing figures that we publish haven’t included properties from Victoria. So this week, here is the top ten of the most heavily discounted Victorian properties on the market.