The Rules of Investing: A housing correction, or a crash?
In the first podcast for 2018, Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital sits down with Livewire Editor, Patrick Poke. The topic at hand is Australia: the share market, the economy, wages, and of course, house prices. They discuss UBS's report late last year that "Australia's 55-year housing boom has come to an end." Is this hyperbole, or is there a nugget of truth? Oliver says that while a crash is often predicted, he expects to see a fall of 5-10% in capital city house prices. So, tune in below for the first episode of Livewire’s Rules of Investing for 2018.
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