When buying, questions to consider:
- What will happen when quantitative easing ends in the USA?
- Will there be inflation?
- What is the risk of the Australian government removing negative gearing, and what impact will this have on property prices?
- What will happen if China property prices collapse? What will happen if Chinese buyers stop buying in Australia?
- In a year, will all off-the-plan buyers be able to settle?
- Why are off-the-plan prices for apartments much higher than similar properties that the developers have sold, and the first owner is reselling?
An interesting article re the possible bubble is here.