http://www.adelaidenow.com.au/real-estate/news/interest-rate-cuts-cant-save-the-housing-market-from-world-debt-woes/story-e6frefgc-1226229376335
"BIGGER interest rate cuts won't be enough to get homebuyers rushing back into the market in 2012 as European and US economic woes cast a shadow across Australian cities."
They forgot China crashing too :)
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