As a population ages you have a lot of empty-nesters wanting to cash in on their homes and downsize. Without enough young people to create the demand prices will fall.
For several years BTalk was a daily business podcast presented for CBS in Australia.
Theresa May survives, positive housing data in the US, equities up, but why was the Aussie dollar down? I talk to NAB’s Ray Attrill: https://t.co/50nrbm6nUj