Sydney property agent Starr Partners' chief executive Doug Driscoll the Sydney market will remain robust despite a boom being unlikely this year, with experts expecting only single digit growth rates. ' Economist , Peter Jones , and hedge - fund manager , John Hempton , have been undercover in Australia to view housing developments and meet with housing developers . They both concluded that Australia now has " one of the biggest housing bubbles in history . "
Economist , Peter Jones , and hedge - fund manager , John Hempton , have been undercover in Australia to view housing developments and meet with housing developers . They both concluded that Australia now has " one of the biggest housing bubbles in history . "