Ominous signs in Australia


#2681

Wow. Help for couples earning up to AUD 200k (€125k) and the maximum loan won’t even buy the median house. Talk about stoking the fire. Australia will surely regret letting everyone put their pensions in property. It’s effectively committed to blowing an eternal asset bubble.


#2682

Petrol works


#2683

The article goes to to lay out the retail sector issues.


#2684

Looks like the Aussies are stepping on the gas.


#2685

Interesting. We were told last summer by family that this was the time to buy. But all there was was a lull, a 10% decline wasn’t very atttactive. We are overseas and the prices have been live dynamite for years. Decision time coming up though.