@ASX__Trader If credit alone determined housing prices, Australia would’ve already crashed a dozen times — but structural undersupply, migration, and government intervention keep absorbing every downturn🤷🏿♂️
@ASX__Trader Japan property crash → 1991 (not part of the cycle)
COVID housing boom → 2020–2022
Australia didn’t crash in 2008 like the US
Different countries have different cycles
So the global 18-year idea doesn’t consistently hold up.