The Big Short, page-8

our population is growing ..currently 24m

Australian cities have a housing shortages ..

interest rates are so low at 4% fixed

4% 5year... fixed ..interest only ....Mortgage loan is ....Cheaper than RENT ....of the same Home.

so most people Either pay Interest to Banks happily..as well as picking up a 5% Capital gain pa

..or they can pay a 3% to 5 % Increasing RENT fee pa ...to Live in an OZ Home .

Banks Demand 10 to 20% Equity input from Borrower to Buy any home = 20% Buffer for Banks

we have a Fine Balance between Home shortages V demand for accommodation

Rental Costs on $1m homes V Interest rates cost on $1m homes are Favorable to Banks and Owners.

Banks are Safe in OZ from... any deterioration in Home Loan Mortgages in Cities .

..as the AUD falls Under 70c Mining activity will recover from lows
the Mining towns Activity and Valuations will Revive with ..a revival in Gold mining and a IO price recovery in the WA region ...backed by a Lithium Boom taking place in WA soon.