Last Updated Oct 28, 2008 1:06 AM EDT
Today on BTalk Phil Dobbie talks to Noel Dyett, the President of the Real Estate Institute of Australia. Despite the economic outlook and the high level of debt wrapped up in housing he believes there are still reasons to be optimistic about house prices.
Tell us what you think in the Talkback section at the bottom of this post.
For a different view on how where house prices are heading listen to the BTalk podcast with Prof Steve Keen.
Also listen to Alan Moran's view on how the reserve Bank is doing the wrong thing by lowering rates.