Top economist warns Australia is heading for its biggest housing crash in 40 years

AI Summary

Former treasury economist Leith van Onselen has issued a warning that Australia's housing market is facing its most significant correction in 40 years due to rising interest rates. This prediction raises concerns about the future of the real estate sector in the country.

Former treasury economist Leith van Onselen has warned Australia's housing market is heading for its biggest correction in 40 years, with rising interest rates, ...