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Prepare For A Bubble-Focused Series
- Expect Joe's Housing Bubble Week to prioritize the bubble thesis and challenge bullish narratives. Prepare to scrutinize housing fundamentals and expert interviews across six daily episodes.
Auction Day In Western Sydney
- Joe watched multiple Western Sydney auctions fail, including a Granville four-bedroom listed around $900,000 that didn't sell. That on-the-ground observation shaped his skepticism about the market's strength.
Record-Long Housing Boom
- Australia experienced the longest housing boom up to 2017 with nominal prices up 6,556% since 1962. This boom coincided with 108 consecutive quarters of GDP growth and rising complacency about risk.