morgan stanley analyst bearish on housing mark

  1. hannahgrace
    644 Posts.
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    17/08/10
    13:31
    Post #: 7028334
    just to share:

    LOCAL property investors have become "Ponzi borrowers" in a market 40 per cent overvalued, according to a Morgan Stanley strategist.

    http://www.theaustralian.com.au/business/property/morgan-stanley-analyst-bearish-on-housing-market/story-e6frg9gx-1225906316683
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