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Australia is in one of the worst housing bubbles we have ever seen, page-6

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MisterC

1,209 Posts.

1

07/04/15

13:44

Post #: 15043742
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Originally posted by moondoong ↑

It's an out of control nightmare scenario for the RBA and government.

I am so concerned that I have shifted most of my money outside Australia into SE Asian banks.

People who don't even own a house or have any debt, will still be affected when this whole house of cards comes crashing down.

Virtually no-one will be left unscathed.

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"Virtually no-one will be left unscathed."

That's great, whatever happens we are all in this together. Seems fair to me...
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