PropertyChanticleerChanticleerHousing has a ‘falling knife’ problem but contrarians are emergingThis mortgage sector insider expects the market to remain patchy for six months as rate hikes and tax changes bite. Longer term, the outlook is even less certain.David Bailey has a simple line to sum up the mood of the housing market. “It’s that old analogy: no one wants to catch a falling knife.”Bailey is the chief executive of the ASX-listed Australian Finance Group, which is one of the biggest service providers to mortgage brokers in the country.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In ResidentialFetching latest articles