australia hasn't experienced a recession in over two...

  1. bonzaboy
    5,784 Posts.
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    18/08/11
    10:49
    Post #: 8838314
    australia hasn't experienced a recession in over two decades..so, you would have to be at or near retirement age to have any memory of what a recession is like...all markets are driven by perception...for mine the prevailing perception is "safe as houses"...overwhelming majority of australian homeowners cannot conceive that they might lose money on their house
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