However, property experts in New Zealand are doubtful there will be a sudden collapse in the housing market.
Real Estate Institute chief executive Helen O'Sullivan said predictions like Mr Dent's cropped up from time to time. She said Mr Dent had predicted a fall in Australian property prices in 2011, but that had never eventuated.
Ms O'Sullivan noted he was now predicting another property crash in Australia - of exactly the same amount as he had predicted for New Zealand.
"The key question to me is always, 'What would the trigger be for such a significant drop in property prices?'
"When we've got migration increasing, we've got economic growth increasing, and New Zealand continues to export a significant portion of its produce to developing parts of the world, as opposed to just the industrialised nations, I just don't see what would trigger such a collapse."
Ms O'Sullivan disagreed New Zealand's house prices were in a bubble. Outside of Auckland and Christchurch, prices had been "pretty static" for the past three or four years, she said.
She also questioned the link between China's property bubble and the New Zealand property market. "You can't shift Chinese property to Auckland."
............作者: onetreehill1 时间: 2014-2-24 08:08:42
i just don't think it will collapse unless Australian banks get into trouble. 2007-2009 price went down to 20-25% only (and lots of mortgage auction). If China faced hard landing, Australian banks might be affected depending on how much Chinese banks securities they have. However, I strongly believe China could get back on track within 2-4 years if she got a hard landing. The GCD is holding high volume of gold reserve and cash. I am not sure about Australia.
In my opinion (that could be wrong), even Rangitoto/Mt Eden wake up, the price might adjust in 10-15% only ...for a year or two