The ‘mother of all housing corrections’? Chris Joye on property, rates and where he’d invest $100k

Could Australia be heading for the “mother of all housing corrections”? Canada has now endured four years of falling home prices, with national values down around 20% from their peak. As an Aussie-Canuck watching the downturn unfold firsthand, Livewire's Vishal Teckchandani has repeatedly wondered: *Could it happen in Australia?* That's the question he puts to Coolabah Capital Investments' Christopher Joye in this wide-ranging interview. Joye explains why Australia's housing downturn could get much worse, why further RBA hikes and lower migration could pile more pressure on property, and whether buyers should wait while sellers “hit the bid”. They also unpack why the AI boom could prove inflationary, what's behind the surge in global bond yields, and where Joye would invest $100,000 today. You can read a summary of the video here: https://www.livewiremarkets.com/wires... *Key chapters* 0:00 – Could Australia follow Canada's housing bust? 1:12 – Why the Australian and Canadian housing markets are different 3:20 – Why tax changes could be equivalent to two extra rate hikes 6:14 – The RBA and the “mother of all housing corrections” 6:58 – Could lower immigration break the legs of Australian housing? 8:03 – What could save the housing market? 12:51 – Property buyers vs sellers: Who should wait? 13:09 – Why the AI boom could be inflationary 16:51– What's driving the surge in bond yields? 21:11 – Where would Christopher Joye invest $100,000 today?