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85% house price falls in Sydney predicted OUCH., page-17

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13,167 Posts.

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22/05/19

13:19

Post #: 38689264
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Originally posted by Menta ↑

Here's a chart of residential property prices in Japan's 6 largest cities;

Australian city prices may not crash as heavily as Japan's post-debt bubble deflation but there are several comparisons to the boom in house prices in China and also similarities in both economies;

http://www.doctorhousingbubble.com/...es-back-30-years-zero-percent-mortgage-rates/

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Japan lives in their own feudal bubble & sort of anti foreigner ownership. NYC, London, Syd, Melb, Singapore... don't.
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