RBA and the Gov still have plenty of ammo... A crash is a way off yet...
And none of the big four banks are likely to go under in the near term... Unless there is something unforeseen...
In order for a crash of the magnitude that the US experienced there would have to be a massive wipe out of available credit...
This is just not the case today...
More likely to see a long slow sideways grind in the property market with inflation over time softening the landing...
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- Property
- dead cat bounce... without doubt.
dead cat bounce... without doubt., page-70
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