We should have let things run their course.
The over capitilised and leveraged would have been wiped out.
Things could reset.
In the long run everyone would have been better off.
We're just delaying the inevitable, the longer we delay the worse it will be.
House prices in Australia are heading for a BIG correction downwards.
- Forums
- Property
- home sales fall 16 percent in 9 months
We should have let things run their course.The over capitilised...
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Iggy Tan, Executive Chairman
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