I was reading this article (http://www.sharecafe.com.au/article_air.asp?a=AV&ai=18732) and noticed something which I have read a few times recently. In the article Oliver says:
"Australian housing is not in a bubble but it is very overvalued"
Just wondering what the difference is between a "bubble" and "very overvalued"...
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I was reading this article...
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