CBA commonwealth bank of australia.

CBA and Housing Bubble, page-56

  1. 5,549 Posts.
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    That's my point exactly, it requires unemployment to spike before the house prices become an issue. Hence I don't understand why the focus on house prices, I don't see any commentary on unemployment rate / macroeconomic conditions here. Until this is an issue, the whole house price discussion is just fluff. I work in banking and we have to run annual stress testing of macro downturn... In simple terms no unemployment spike no party for GOAT69 even if house prices decline materially.
 
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