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    Did you see this video piece on Lateline during the week Robbo?

    Economist Gerard Minack warns Australian house prices could fall by 50 per cent

    Australian Broadcasting Corporation

    Broadcast: 18/03/2008

    Reporter: Tony Jones

    According to Morgan Stanley economist Gerard Minack, the impact of a US recession may cause the housing bubble to be punctured.


    http://www.abc.net.au/reslib/200803/r233769_937408.asx
 
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