Home Prices in Sydney & Melbourne Spiral Down, Bust Spreads. IMF to Regulators: “Reinforce Financial Crisis Management”
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Bitter irony: Government told first-time buyers 5 months before bust began to “get into the Sydney housing market”; once in, “you’re pretty well set for life.” “Nothing goes to heck in a straight line” because there is always a bounce, sooner or later – that’s my story and I’m sticking … Read more