{"id":20687,"date":"2019-08-20T14:13:48","date_gmt":"2019-08-20T02:13:48","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20687"},"modified":"2019-08-20T14:13:48","modified_gmt":"2019-08-20T02:13:48","slug":"exposing-australias-housing-crisis-60-minutes-australia","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/exposing-australias-housing-crisis-60-minutes-australia\/","title":{"rendered":"Exposing Australia&#8217;s housing crisis | 60 Minutes Australia"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO: Bricks &amp; Slaughter<\/strong><\/p>\n<p>It\u2019s no secret that Australia is experiencing a downturn in the property market. But for Aussies who own their own home or have a mortgage, there\u2019s worse news. Many believe calling it a downturn is foolishly optimistic \u2013 the slump we are in is more like falling off a cliff. 60 Minutes speaks with real estate and finance experts who predict property prices could slide by as much as 40 per cent in the next year. And if they\u2019re right and numbers like that eventuate, there\u2019s only one certainty: our entire economy faces catastrophe (2018).<\/p>\n<p><iframe width=\"1380\" height=\"776\" data-src=\"https:\/\/www.youtube.com\/embed\/AB6yM9puTY0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO: Bricks &amp; Slaughter It\u2019s no secret that Australia<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/exposing-australias-housing-crisis-60-minutes-australia\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":20688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098726,478106735,478103087,478098566,478098562,478098542,478098519,478098535,478098845,478098513,478101743,478099125,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478098536,478098618,478098677],"class_list":["entry","author-data123nz","post-20687","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-chinese-buyers","tag-debt-bomb","tag-debt-crisis","tag-first-home-buyers","tag-foreign-buyers","tag-home-loans","tag-home-ownership","tag-house-prices","tag-housing-crisis","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sydney","tag-sydney-property","tag-victoria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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