Forgot to mention that Australian's are obbsessed with housing,...

  1. 255 Posts.
    Forgot to mention that Australian's are obbsessed with housing, and have over extended ourselves with huge debt on over priced houses. Crashing house prices and rising debt levels means Aussie banks are about to take a big wack with defaults galore. The mother of all recessions is knocking on the land of Oz
 
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