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The New "Big Short"? - Australia's Housing Bubble Is "In the Grip Of Insanity"

The New "Big Short"? - Australia's Housing Bubble Is "In the Grip Of Insanity"

Submitted by Pater Tenebrarum via Acting-Man.com,

Perverse Incentives

We haven’t written about Australia’s residential real estate bubble for some time (readers may want to check out last year’s post “Australia’s Bubble Trouble”, which contains numerous relevant charts and data).

 

Property auction in Sydney