Spreading the truth. Empowering the people.
Australia announces “catastrophic” fire danger in Sydney. Kind of like “Extreme Red Flag Warning” in SoCal. Fire weather conditions are getting so extreme the weather services are literally having to … Read more
Smith continued, “He was going to get the entire senior intelligence service to hand in their resignations. Now, that doesn’t necessarily mean he was going to fire everyone. What it … Read more
Lou Dobbs Tonight 10/22/19 | Breaking Fox News October 22, 2019 (Video will likely be gone soon) (29:18) (Link to 29:18) h/t dr0id
BREAKING Federal police are raiding the ABC’s Ultimo HQ over a series of stories known as The Afghan Files. Search warrants for Dan Oakes, Sam Clark and our news director … Read more
Another month passes and another month of declines. Here we are watching the slow and steady fall. It’s not exciting because it’s expected. As I mention in the video towards … Read more
Wolf Richter wolfstreet.com, 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 … Read more
via news.com.au: House prices could fall by more than 40 per cent in the “worst crash since the 1890s depression”, a new report warns. We’re now in stage two of the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The largest three-months fall “since at least the 80’s”: CoreLogic “Can we still describe this as an orderly slowdown in housing conditions?” mused CoreLogic Asia Pacific’s head of … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But the central bank has kept interest rates at record lows! The relentlessness of the housing busts in the regions of Sydney and Melbourne – they … Read more
via Bloomberg: Prices in Australia’s largest city drop 11.1% from 2017 peak CoreLogic sees tighter credit weighing on prices this year The downturn in Sydney’s property market is set … Read more
A pool of poisonous water underneath Sydney Airport contains some of the highest levels of toxic firefighting chemicals seen on Australia’s eastern seaboard, according to test results that were buried … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is not exactly slow motion anymore. In Greater Sydney, Australia’s largest housing market, the housing bust, after a terrific housing bubble, is gaining momentum. In … Read more
Those people in Australia and New Zealand, let me know what you’re seeing with real estate right now in 2018. Real estate in Australia has once again fallen further down. … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Bloodbath” and similar technical terms crop up in the media. Sales of houses and condos in Greater Sydney, Australia’s largest housing market, plunged 16.7% in October … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Every housing bubble requires the connivance of the banks and regulators. Australia is no exception. Sydney’s housing bubble, one of the most magnificent in the world, … Read more
