Hopefully, the Greedy elite haven't convinced the Australian authorities (in the interest of "globalization", "free markets"), etc.... some deal allowing them to short Australian Housing.
People like Soros would love to make a few more $Billion on betting that way.
In reality, OZ real estate is valued too high. Why
(1) We value our castles and
(2) The banks have been more than willing (caught up with competing against all the deregulated banks) to give credit way too easily.
