What's happening to Australia's housing prices? | 7.30 // TRAIN BRAIN

What's happening to Australia's housing prices? | 7.30

The Treasurer quoted a stunning figure when delivering the government's housing tax changes on budget night - that house prices in Australia had risen by 400 per cent since 1999.
Since the budget, falls in the value of housing have led to a loud and acrimonious debate over whether Australia is suffering an all-out assault on the value of most people's biggest asset, or experiencing a necessary correction that will help first home buyers.
Sarah Ferguson is joined by Tim Lawless, Executive Director of Cotality, and Sally Auld is NAB's Chief Economist.
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