Aussie stocks rising as house prices fall? Resembles the US housing bubble in 2007. Real estate collapsed first, and equity markets followed.

via @TaviCosta:

We are primarily funded by readers. Please subscribe and donate to support us!

With 130% of mortgage loans to GDP, Aussie banks are doomed.

 

 

 

 

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.