Saturday, 12 May 2012

How Overpriced Is The Australian Housing Bubble?

81% or $184,000 according to Trendlines research.

http://www.trendlines.ca/free/economics/RealtyBubbleMonitor/RealtyBubbleMonitor.htm




That means a 45% haircut to get back to 'normal' prices. Japanese or American road to perdition?





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