As the mining construction boom continues to deflate, and more and more manufacturing jobs are lost, the ultra low interest rates will lose their effect.
The house price crash is coming, make no mistake.
It is inevitable.
Thousands of people are set to lose their jobs next year.
Thousands.
So punt up and speculate on property price rises all you want, but don't get caught holding those assets when the stampede is in full swing or you will be utterly destroyed.
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- more job losses = housing crash
more job losses = housing crash
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