Is the Australian housing market headed for a spectacular bust or will the bulls continue to charge? Joe Walker, host of The Jolly Swagman Podcast, sits down with Michael Schneider, special situations partner at Eschaton Funds, to discuss the litany of irrational behavior in property valuations, politics, regulatory efforts, monetary policy, the foreign investment fallacy, debt sustainability, and the prospect of a sustainable recovery in Australia’s buoyant housing market. Filmed on December 2, 2019 in Sydney, Australia.