australian houses 'world's least affordable', page-2

  1. m007m
    607 Posts.
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    27/01/10
    13:04
    Post #: 6250022
    "Demographia urged governments to free up land use rules in order to ease affordability problems without causing a housing market crash."

    i'm affraid that we're past this point...

    ...so much (over)leverage in the market that any movement down causes "way more damage" than it should('ve ever been allowed to)...
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