Are Australian house prices rigged to fall?

January 21, 2026

Louis Christopher, founder and managing director of SQM Research, posted the following tweet on Twitter (X), warning that large house price falls “can and will” happen in large cities:

Christopher’s tweet was in response to a report on London’s housing market reporting losses of up to 34% for owners of flats, with “hundreds of thousands of pounds wiped from the value of their properties”.

Australia’s two most similar economies—New Zealand and Canada—have also experienced heavy house price losses.