Australia property bust looming, page-48

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    Aussie GDP $1.6 trillion, growing at 2.5% p.a

    Aussie housing debt (just houses, nothing else) $1.65 trillion, growing at around 4% p.a

    Aussie private sector debt (total, incl. housing) $2.7 trillion

    Interest rates? Rising. 7% mortgage rates, that'll be the trigger. Mark this post, I've made the call many times.

    Yep you're right, it's all fine. Those stupid pesky first home owners.
    Last edited by anf0: 10/04/17
 
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