no...it went other way around !
(therefore second assumption is redundant although it is much closer than you think but that wasn't the topic...)
the only reason home values and home loans are of any importance is the fact, that now they do have a power to cause this carnage to the whole of economy !
how do you say: "no more thanks !" (in kantonese or mandarin?)
that's how far away from economic collapse Australia is !
