Finnmark Property Group

He added: 'When this asset bubble bursts and the price of everything, especially housing, comes back down to reality, imagine, not only can you buy the house you want at half-off... you can buy twice as nice a house here for the same mortgage you were going to get before. How's that for a Christmas present?'

People will be hurt 'the most' by the real estate crash, which he says will drop housing prices back to 2012 prices

He said: 'That's a 50% crash for the average house, which went down 34% in the last crash, more than the Great Depression, more than any time in history. That is what's going to hurt people the most.'

US economist makes chilling prediction for 2024 Harry Dent claims the effects of his 2024 predicted market crash will 'be obvious' and will slow the economy for a decade:

Good article to read.

The Chinese dream has turned into a nightmare The downfall of property giant Evergrande tells the story of an epic crash that’s affected everyone in China. And there could be more pain to come.

https://www.afr.com/property/residential/house-sellers-pocket-300-000-gross-profits-as-prices-rise-20231218-p5es50

House sellers pocket $300,000 gross profits as prices rise The sharp increase in prices in the September quarter delivered a windfall for many vendors, but profits are expected to weaken next year as prices are predicted to fall.

https://www.dailymail.co.uk/femail/real-life/article-12865883/Im-32-afford-live-Australia-anymore-went-holiday-Bali-never-came-Life-never-better.html

I left Australia to live in Bali because I couldn't afford it anymore Adina Shon, 32, moved from Australia to Bali in August last year to flee from the cost of living.

https://www.dailymail.co.uk/femail/real-life/article-12835889/Couple-overseas-cost-living-Australia.html

Family move overseas after being unable to afford to live in Australia An Australian couple sold everything they owned to move their family-of-four overseas after being unable to afford to live life comfortably Down Under.