australia's great housing bubble, page-33

" the 90% plus who are employed will continue with life as before."

Yes but in a high unemployment scenario income for the 90% will decrease. Less overtime and less demand for their services etc.

"The rise in the property market, residential new, is already
starting to employ an increasing number of people."

Is this sustainable or is this just a small uptick in the great big trend chart? One swallow does not make a summer after all..