Where do you get your data from to inform that their is mortgage stress worldwide?
The Australian Financial Stability Review of April 2019 commissioned by the RBA suggests otherwise. You said 'worldwide' do you exclude Australia form that statement and could you point me in the direction of your data for all other countries - let's keep it manageable and say the top 20 countries measured by GDP.
I could say similar about falling real wages... data doesn't back that up.
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