Australian debt reached its highest peak in 2008 which was the contributing factor to the largest land boom on record!

For more than 100 years every major rise in Australian land prices relative to GDP has resulted in downturns leading to economic recessions!

For more than 100 years an increase in Australian housing prices when compared to inflation has led to a decline in business activity with the exception of a 4 year period!

Over the last 50 years property in Australia has about doubled every ten years with an average growth rate of 9.5%!