The wealthy immigrants will and are keeping the demand for quality property from any deep decline.
Australia like Canada will be the destination for many cashed up Yanks fleeing the looming chaos. Also the Yarppies will continue to migrate and bring their wealth.
Demand is far greater than supply!
Not rocket science.
If China maintains its stability Australia will be the place to be!!
:o)
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- excellent article : aussie subprime time bomb
excellent article : aussie subprime time bomb, page-3
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